El Salvador National Treasury Likely In Profit After Bitcoin Surge Above $40,000

El Salvador’s national Bitcoin treasury may be back in the green.

At least, that’s the latest data from NayibTracker.com, a website dedicated to following the performance of El Salvador’s President Nayib Bukele’s decision to invest in Bitcoin in 2021. The website tracks the time and date of known purchases, as well as those that Bukele has pledged to follow through on.

According to the data, the total investment of $127 million has yielded a current value increase of $4 million, translating to a profit of 3.17%.

Still, the bulk of this performance rests on the idea that Bukele followed through on a public commitment to purchase 1 Bitcoin a day since November 17, 2022. If he did, Bitcoin…

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