El Salvador bought another 420 bitcoins, holding 1,100! President: If the price drops, I will buy at the bottom

El Salvador’s President Nayib Bukele tweeted on Wednesday that his country took advantage of the recent price drop in Bitcoin to buy an additional 420 coins.
Since Bukele announced his first purchase on September 6, El Salvador has purchased a total of 1,100 bitcoins, worth approximately $64.36 million at current prices.
El Salvador officially adopted Bitcoin as a legal tender parallel to the U.S. dollar on September 7. The current price of Bitcoin has fallen by more than $8,000 from its record high of $66,976 reached earlier this month, but it is still up about 20% since September 7.
During last month’s bitcoin crash, El Salvador stuck to his “buy the dip” strategy, with Bukele tweeting at the time: “As long as you buy the dip, they’ll never beat you.”