President Nayib Bukele of El Salvador announced that the Central American nation will begin to purchase one Bitcoin (BTC) every day.

El Salvador became the first country to use Bitcoin as legal tender in June last year, alongside the US dollar. According to reports, El Salvador made its last Bitcoin purchase in July 2022 – acquiring 80 BTC at the price of $19,000 per coin.

While Bukele has never shared any wallet addresses associated with El Salvador’s previous crypto purchases, he has claimed that the country has allegedly never sold any of its holdings.

In light of recent events, President Bukele of El Salvador has taken to Twitter to express his views on the FTX saga. In his tweets, he stated that FTX is “the opposite of Bitcoin”. These comments come after a series of events in which FTX was accused of various unethical practices, such as wash trading and market manipulation.