🇸🇻 Market participants, including El Salvador, are eagerly awaiting the DOJ's next steps regarding the bitcoin seized from the Silk Road takedown. President Nayib Bukele (@nayibbukele) recently hinted at potentially acquiring some of these coins, eyeing the market dip as an opportunity! 📉💰

In response to news of a federal judge approving the sale of these assets, Bukele quipped, "Maybe we’ll all get the chance to buy bitcoin at a discount!"

Despite recent price pullbacks, Bukele has ramped up his strategic bitcoin reserve strategy, with the Salvadoran Bitcoin Office reporting a new purchase of 11 BTC on January 8. This follows his commitment to a daily purchase of 1 BTC, making El Salvador a leader in nation-state dollar-cost averaging.

However, the DOJ's potential sale of nearly 70,000 BTC could clash with President-Elect Donald Trump's (@realDonaldTrump) stance, who advocates for holding all government-held bitcoin. What do you think will happen next? Let us know your thoughts! 💬