I've always wondered how that hospital is going to be built from the profits of investing in BTC while no bitcoin will be actually sold.
I believe they are going to sell $1 billion bitcoin backed bonds without actually selling any bitcoin!
And what profits when at least 200 coins were bought at $52k and 100 at $54k?
I'm starting to think that rather than buying the dip he is actually licking the tip lately.
Has anyone gathered all the prices they made their purchases to see if the result is profit or loss? For example
150BTC was bought at $48,670.
$52k-$54k is hardly the tip though, when the price went to $70k and is currently at $48k-$49k.
Their goal may not be a short-term base as most people still consider 60k Bitcoin price as a low price considering how long they intend to hold their Bitcoin, so El Salvador may decide to buy at whatever price at the moment.