El Salvador Is Buying Bitcoin on the Dip, but Warren Buffett Isn't Impressed
The government of El Salvador sees a buying opportunity in the lower Bitcoin (CRYPTO: BTC) price. President Nayib Bukele announced that the country bought another 500 Bitcoins this week, boosting its Bitcoin holdings by 28%.
President Bukele announced the Bitcoin purchase in a tweet.
"El Salvador just bought the dip!" he wrote. "500 coins at an average USD price of ~$30,744."
Source Fool.com
