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 Bitcoin reserves.
  • Economic Strategy: The accumulation reflects El Salvador's commitment to crypto as a core part of its national economic strategy.

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