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El Salvador’s Bitcoin Bet Pays Off: Nayib Bukele Announces $426M Windfall
El Salvador’s Bitcoin Bet Pays Off: Nayib Bukele Announces $426M Windfall
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El Salvador just flipped the script on crypto skeptics—hard.
President Nayib Bukele dropped the mic today with a $426 million Bitcoin profit reveal, proving even nation-states can HODL better than your average crypto bro.
The ultimate diamond hands play: While Wall Street hedge funds were getting liquidated, El Salvador’s treasury quietly stacked sats at sub-$20k. Now? A 200%+ ROI that’d make Jamie Dimon’s blood pressure spike.
Volatility? What volatility: The country’s Bitcoin bonds—once mocked as a ‘desperation play’—are now printing money while traditional emerging market debt drowns in inflation.
One hedge fund manager sniffed: ‘They got lucky.’ Meanwhile, Salvadoran schools just got a $426M upgrade. Game recognizes game.
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