According to BlockBeats, on May 18th, according to the website of the Salvadoran Ministry of Finance, Salvador increased its holdings of one Bitcoin this morning. Currently, it holds 6180.18 Bitcoin, worth over 638 million US dollars. In the past 7 days, it has increased its holdings by 8 bitcoins, and in the past 30 days, it has increased its holdings by 31 bitcoins, still maintaining its daily plan of buying 1 bitcoin.
It is worth noting that in recent months, the International Monetary Fund (IMF) has been pressuring El Salvador to stop accumulating decentralized value storage assets. In December 2024, El Salvador reached an agreement with the International Monetary Fund to obtain a loan of $1.4 billion. As part of the agreement, the Salvadoran government has agreed to revoke BTC's legal tender status in the country and reduce public sector participation in Bitcoin. On April 27th, Rodrigo Valdes, Director of the Western Hemisphere Department of the International Monetary Fund (IMF), stated at a spring meeting press conference that El Salvador is still adhering to its commitment to no longer accumulate Bitcoin in the overall fiscal sector, which is a key performance indicator reached between the country and the IMF.
