Share this article
El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
Updated May 11, 2023, 5:34 p.m. Published Jul 1, 2022, 1:41 a.m.
El Salvador purchased 80 more bitcoin at $19,000 each, President Nayib Bukele said on Thursday.
- “Bitcoin is the future. Thank you for selling cheap,” Bukele tweeted, and accompanied the text with screenshots of 40 purchases made on Thursday that totaled $1.52 million.
El Salvador bought today 80 #BTC at $19,000 each!#Bitcoin is the future!
— Nayib Bukele (@nayibbukele) July 1, 2022
Thank you for selling cheap 😉 pic.twitter.com/ZHwr0Ln1Ze
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- El Salvador's last bitcoin purchase was in May, according to Bukele, when the Central American country acquired 500 coins for a total of $15.3 million, at a price of $30,744 each.
- According to CoinDesk data based on Bukele's announcements, El Salvador is 55.03% down on its bitcoin bet. From September to date, the country has acquired 2,301 coins for a total of $103.9 million, but its portfolio is currently worth $46.6 million.
- In May, El Salvador Finance Minister Alejandro Zelaya said the bitcoin amount the country had at that time represented less than 0.5% of its annual budget, adding that the bitcoin losses posed “extremely minimal” risk to the country’s fiscal position.
Read more: El Salvador Postpones Bitcoin Bond: Report
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
