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Is Bukele a strongman in El Salvador?

At home, Bitcoin is a key part of the narrative that Bukele is pushing, both of El Salvador—as a rejuvenated, innovative country, delivering new opportunities for young Salvadorans—and of his presidency. He presents himself not as a classic strongman, but as a provocative young visionary challenging the Western financial elite.

Will Bukele sell his $120m bitcoin reserve?

Mr Bukele acknowledged the price of Bitcoin would continue to fluctuate - but he has no plans to sell the reserve. President Bukele is celebrating as his $120m Bitcoin reserve is finally in the black - but economists are not.

Will a new BTC purchase routine help El Salvador offset losses?

Thus, the country has spent nearly $103.23 million on its BTC purchase and the value of the same BTC currently sits at $39.4 million. The announcement of a new BTC purchase routine at a time when the top cryptocurrency is trading at a new cycle low could help El Salvador offset some of its losses in the coming months.

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