El Salvador cashed in on the market slump Monday to add 11 Bitcoins (CRYPTO: BTC), worth over $1 million, to its strategic reserve.
What happened: The Central American nation increased its daily purchases to 11, which is 10 more than the one Bitcoin per day policy, according to its treasury holdings tracker.
The latest grab boosted El Salvador’s Bitcoin stockpile to 6,067.18, worth over $602 million at prevailing prices, with an unrealized profit of $321.26 million.
The Nayib Bukele-led nation was also the sixth biggest government …
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