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El Salvador Keeps Buying BTC Despite IMF Deal
President Nayib Bukele continues to add to its reserves, but the IMF appears unphased.
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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.