Tron (TRX) Founder Joins El Salvador In Dip-Buying, Scoops $15 Million In BTC

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-El Salvador’s president and crypto enthusiast, Nayib Bukele, has stated that his government just recently increased its entire BTC holdings by 500 coins in an investment move aimed at capitalising on the current dip.

-Bukele revealed via his official Twitter handle that the country had just invested $15.3 million in BTC, purchasing 500 coins at an average price of $30,744 amid the latest crypto market slump as it raises the countrys total BTC held to at least 2,301.

-About 12 hours following Bukeles announcement, Chinese-Grenadian business executive and founder of TRON, Justin Sun followed in El Salvadors footsteps by throwing in $15.5 million into BTC in his purchase of 500 coins at an average price of $31031.35.

-El Salvadors Bukele appears to be having fun with the dip, as evidenced by his Twitter page. He indicated 11 hours after the purchase that he could have sold the 500 coins for a million dollar profit, but that he would not be doing so.

-El Salvador distinguishes itself as one of the worlds most crypto-friendly countries. It became the first nation to recognise bitcoin as legal tender in September of last year.

-Bukele has in time past taken advantage of the dip in the crypto market on several occasions. In a series of tweets, he revealed that the country bought 400 coins in separate transactions just a few hours apart at a total price of $20.9 million. This was a day before the government officially made Bitcoin legal tender.

bitcoin el salvador Tron (TRX) Founder Joins El Salvador In Dip-Buying, Scoops $15 Million In BTC
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