Despite reaching an agreement with the International Monetary Fund, El Salvador increased its holdings of 7 bitcoins last week

2025-05-11 00:09

According to Cointelegraph, although El Salvador has reached a loan agreement with the International Monetary Fund (IMF) and as one of the conditions of the loan agreement, stops using public funds to purchase Bitcoin, El Salvador continues to hoard Bitcoin as its national cryptocurrency reserve. According to the Bitcoin Office of El Salvador, the country has purchased an additional 7 bitcoins in the past seven days, bringing its total holdings to 6173 bitcoins worth over $637 million.

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