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El Salvador aims to purchase DOJ’s seized Bitcoin at a discount.

Nayib Bukele, President of El Salvador, expresses interest in acquiring Bitcoin seized from the Silk Road market by the DOJ. This potential purchase aims to take advantage of the market downturn to acquire more BTC for the country’s reserves.

The Salvadoran Bitcoin Office recently reported an 11 BTC purchase on January 8, in line with the country’s strategy of buying Bitcoin daily. Bukele’s initiative reflects a continued commitment to expand El Salvador’s BTC reserves with a consistent acquisition approach.

President-elect Donald Trump opposes the sale of U.S. Government-held Bitcoin. He suggests retaining all Bitcoins for future holdings, contrasting the DOJ’s plans to sell the assets. His policy emphasizes on keeping Bitcoins to possibly boost national interests.

This is community-generated content, not advice from ONUS.
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