Saylor and Bukele Made Big Loss from Bitcoin (BTC)!

microstrategy and El Salvador bitcoin two separate websites tracking their investments, CEO Micheal Saylor and President by Nayib Bukele He revealed the damage he caused from Bitcoin.

The websites saylortracker.com and nayibtracker.com were established to track only Saylor and Bukele’s BTC investment.

According to the data, he bought 130,000 Bitcoins on behalf of his company with an average of $ 30,600. Michael Saylor, a total loss of 1.7 billion dollars. Microstrategy manager made the first BTC purchase in August 2020. The company made its last purchase last September.

who declared Bitcoin the country’s official currency last year El Salvador The damage done by President Nayib Bukele on behalf of his country is not to be underestimated.

According to the data of the website nayibtracker.com, the government of El Salvador has bought 2,381 Bitcoins on behalf of the country to date. The average purchase price of BTCs held by Salvador is around $45,000. Bitcoin purchases made with Bukele’s order are at an average of 60% loss. Treasury lost $65 million from Bitcoin moves.

The Bitcoin nation made its first purchase at $50,000 in September of 2021. Salvador made its last purchase at $18,000 last June.

No matter how much the government has embraced Bitcoin in Salvador, it is not reflected in the public. Especially the opponents in the country are quite uncomfortable with Bukele’s BTC policy.

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