Nayib Bukele, the president of El Salvador, who is probably one of the names that comes to mind most when it comes to crypto money and Bitcoin, wants to be re-elected.
The name Nayib Bukele was engraved in memories after Bitcoin was accepted as local currency.
Nayib Bukele’s Bitcoin Portfolio in Loss
Nayib Bukele, arguably one of the most prominent investors in the cryptocurrency space and also the president of a real country with a real economy, seeks re-election using the implementation of Bitcoin as the national currency and the fight against crime as his main campaign message.
Besides, it has been a year since El Salvador adopted Bitcoin as its national currency. Bitcoin, which declined from $ 50 thousand to $ 19 thousand in this process, wrote a negative on El Salvador’s portfolio.
In the chart showing Nayib Bukele’s purchases according to the Bitcoin price chart, we see that Bukele continued his Bitcoin purchases. In this process, El Salvador’s Bitcoin portfolio lost about $ 56 million. Despite this negativity, Bukele will use Bitcoin as a local currency in his election plan in other elections.