El Salvador’s bitcoin bet is in the green: Bukele

El Salvador’s bitcoin investment is in the black, according to president Nayib Bukele. 

Bukele alleged on X that El Salvador could not only recoup its initial bitcoin investment but also potentially earn millions if the country decides to sell.

According to Nayibtracker.com, which tracks the country’s bitcoin purchases based on Bukele’s tweets, El Salvador would walk away with roughly $4 million in profit as of publication.

The price of bitcoin (BTC) sits around $41,000 at time of publication after hitting $42,000 Monday morning. After a rough 2022 following the collapse of FTX and multiple bankruptcies, bitcoin’s price is now sitting at levels not seen since before Terra…

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