El Salvador's President Nayib Bukele Down Nearly 8% on Bitcoin Investment
El Salvador's President Nayib Bukele, who was a strong supporter of Bitcoin during the 2021 bull market, announced last year that the country would add one Bitcoin a day to its balance sheet. However, he has faced criticism for being reckless with the investment. According to NayibTracker, which tracks his Bitcoin purchases, Bukele is down nearly 8% on his investment of 3,120 BTC. Despite this, Bukele has been successful in improving security in the country and attracting foreign investment.
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