With the sharp decline in U.S. stocks, the price of bitcoin fell below $31000 for the first time since last July. The Salvadoran government bought another 500 bitcoins on Monday, its largest purchase so far. El Salvador President naib bukri tweeted that he bought these bitcoins at an average price of $30744.
Since El Salvador adopted bitcoin as legal tender last September, the government has purchased a total of 2301 bitcoins, often in the decline of bitcoin.
Buckley once tweeted: "as long as you buy on the cheap, they will never beat you."