In the booming cryptocurrency market, Bitcoin [BTC] shines, with analysts predicting more milestones. Inasmuch, Binance [BNB], via an X (formerly Twitter) post, revealed that all Bitcoin investors had profited.
“Every person who has ever bought Bitcoin is now in profit.”
Countries like El Salvador, which boldly embraced Bitcoin as legal tender in 2021, are among those celebrating substantial returns on their investment.
Dream come true for El Salvador
Just two weeks ago, amidst Bitcoin’s price hovering around $60,000, President Bukele unequivocally stated that the country had no plans to sell its Bitcoin holdings.
However, observing the coin flip, given El Salvador’s current profit margin, CryptoRover commented,
“El Salvador is now in a $83m profit on their Bitcoin investment strategy!”
This highlighted that the nation’s profit margin has soared even higher, reaching an impressive 62%.
Highlighting his steadfast belief in Bitcoin’s intrinsic value, President Nayib Bukele, added,
“BTC revenue from our passport program. Revenue from converting BTC to USD for local businesses. BTC from mining. BTC revenue from government services.”
With his tweet, Bukele outlined th
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Author: Ishika Kumari