El Salvador Keeps Buying BTC Despite IMF Deal
President Nayib Bukele continues to add to its reserves, but the IMF appears unphased.
El Salvador continues accumulating bitcoin and now holds 6,111 BTC despite IMF pressure.
What’s the Scoop?
- Ongoing Accumulation: El Salvador has now amassed 6,111 BTC, maintaining its bullish stance on Bitcoin.
- Defying IMF: Despite pressure from the International Monetary Fund tied to terms in a recent loan, the country appears resolute in increasing its
Bitcoin reserves. - Economic Strategy: The accumulation reflects El Salvador's commitment to crypto as a core part of its national economic strategy.