As of June 13, 2022, El Salvador's Bitcoin investments are worth roughly half what Bukele paid.
This is obviously not good news for El Salvador, a country that was already facing financial turmoil. Bukele went all-in on Bitcoin, hedging his bets and even working to make El Salvador the first country in the world to accept Bitcoin as legal tender in September 2021.
Shockingly, Bitcoin did not solve El Salvador's problems. Bukele, who has been described as an authoritarian by his critics, has still had to deal with the issues facing his country, such as a violent crime wave that led to Bukele jailing 2 percent of El Salvador's adult population. On top of all that, he's had to deal with protests, which were blowback from the Bitcoin laws he helped create.
mashable.com/article/el-salvador-bitcoin-investment-down-big