El Salvador’s Bitcoin Gamble Pays Off Big—Profits Surge by 81%!

The post El Salvador’s Bitcoin Gamble Pays Off Big—Profits Surge by 81%! appeared first on Coinpedia Fintech News

El Salvador’s bold decision to invest in Bitcoin daily is proving to be a winning strategy, with impressive profits rolling in. ack in November 2022, President Nayib Bukele took a daring step by committing to buy one Bitcoin every day when prices hit rock bottom. Now, that decision is bringing in major returns, with gains skyrocketing to $24.54 million—a massive 81% profit for the country!

El Salvador made history in 2021 as the first country to adopt Bitcoin as legal tender. Since then, the nation has steadily built up its Bitcoin reserves, investing more in the cryptocurrency. This El Salvador Bitcoin investment approach has proven fruitful, with the country benefiting significantly from Bitcoin’s recent price surge.