Bitcoin Investments Are Growing in El Salvador: Country’s President Says

El Salvador’s leader, President Nayib Bukele, has announced that their investments in Bitcoin are proving to be profitable due to recent price movements.

He stated that the investment portfolio has seen a boost of $3.6 million, after a long period of being in the negative.

Bukele also pointed out that if they were to sell the Bitcoin now, not only would they get a full return on their investment, but also make a profit.

He made it clear that the country does not have any plans to sell their Bitcoin holdings, as that was never the intention. Bukele also called on those who doubted the country’s Bitcoin investments to acknowledge their wrong judgments.

As per Buy Bitcoin Worldwide, El Salvador currently has 2,381 BTC in their state fund, which is worth $98.9 million at the time of writing.