El Salvador Continues Daily Bitcoin Purchases Despite Agreement with IMF

According to BlockBeats, despite reaching an agreement with the International Monetary Fund (IMF) in December 2024 to no longer increase its Bitcoin holdings, El Salvador continues to purchase Bitcoin daily. El Salvador is the first country in the world to make Bitcoin legal tender. Since December 19, 2024, the country has acquired an additional 240 Bitcoins, bringing the total holdings in the government's treasury wallet to 6,209 Bitcoins. El Salvador reached a $1.4 billion loan agreement with the IMF, which required the country to abandon Bitcoin's status as legal tender. The IMF stated that El Salvador technically still meets the terms of the agreement. Blockchain advisor Anndy Lian indicated that the purchases might involve non-public sector entities.