El Salvador is down roughly 54% on its investments in bitcoin, representing a potential loss of $55.8 million, according to CoinDesk data based on Bukele’s announcements. So far, the country has spent $103.9 million in bitcoin, at an average price of $45,171 per coin.
El Salvador Introduces 2 Sovereign Debt Repurchase Bills in Effort to Allay Default Concerns
