El Salvador Continues Bitcoin Accumulation Despite IMF Pressure
- El Salvador adopted Bitcoin as legal tender in 2021.
- The IMF approved a $1.4 billion loan for El Salvador.
- Loan conditions include halting public sector BTC purchases and dissolving the Fidebitcoin trust by July 2025.
- President Nayib Bukele opposes these conditions, affirming continued BTC accumulation.
- The National Bitcoin Office is purchasing one BTC daily, with current holdings at 6,102.18 BTC.
Despite IMF conditions tied to a $1.4 billion loan, El Salvador’s President Bukele insists on continuing the country’s Bitcoin accumulation strategy, with current holdings reaching over 6,100 BTC.
Source (2.6)https://dailyhodl.com/2025/03/06/president-nayib-bukele-says-el-salvador-will-continue-accumulating-bitcoin-despite-imf-pushback/?rand=59076
