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El Salvador's Bitcoin Investments Yield Profit Amidst Surge

Originally Published 2 years ago — by CoinDesk

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Source: CoinDesk

El Salvador's bitcoin investment has become profitable by over $3 million, according to President Bukele. Despite the cryptocurrency's price fluctuations, the country has no plans to sell and remains committed to its long-term strategy. Previously, El Salvador was facing a loss of approximately $16 million on its bitcoin holdings.