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Nayib Bukele, President of El Salvador, announced late last night that the country would buy one bitcoin every day from now on.

The transition to average dollar cost (DCA) in bitcoin is common in the community, but new to a nation-state.

Currently, the country holds bitcoin treasury of 2,381 BTC, valued at over $39 million. Bukele has made a habit in the past of making large purchases of BTC during periods of market volatility and buy the dip.

In addition to buying BTC and keeping it balanced for El Salvador, the Bukele administration has fostered birth events that bring together global leaders from countries around the world to learn about the financial freedom afforded by adoption. bitcoin.

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