Bitcoin reached a new all-time high (ATH) on Monday, surpassing $72,000 for the first time. While the entire ecosystem and its investors are showing continued enthusiasm, a high-profile figure is certainly celebrating: El Salvador President Nayib Bukele, who has invested state funds in the cryptocurrency, has seen profits that have now reached almost 70% of the initial investment.
El Salvador, which adopted the U.S. dollar as its official currency in 2001, drew attention from the financial market again in September 2021 after Bukele announced the adoption of Bitcoin as the country's second legal tender and purchases of the digital asset using state funds.
