Peter Schiff also gloated over the losses suffered by the share price of
, Grayscale Bitcoin Trust and Cathie Wood’s Ark Invest that also offers its client an exposure to BTC.year-to-date, losing all of its 40 percent rise achieved last year. Besides, it is 71.4 percent under its high reached in February 2021. Schiff reminded his followers that although Michael Saylor’s bet on Bitcoin did bring MicroStrategy a 150 percent gain during Jan and Feb 2021, since that time this has turned into a 3.25 percent loss.
On January 21, Bitcoin broke below the $40,000 level, then followed a drop to $38,000. At the time of writing, the flagship cryptocurrency is sitting at $35,686.According to the tweet of Chinese crypto journalist and blogger Colin Wu, President of El Salvador, Nayib Bukele, has bought 410 Bitcoins worth $15,000,000 on the current dip at an average price of $36,500 per coin.
El Salvador President Nayib Bukele has bought 410 bitcoins for $15 million. Each bitcoin is about $36,500.
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