According to Odaily, El Salvador's Minister of Economy, Maria Luisa Hayem, announced at the Web Summit in Rio de Janeiro that the government will persist in purchasing Bitcoin despite a loan agreement with the International Monetary Fund (IMF) that includes a clause to halt further Bitcoin acquisitions. During a live broadcast, Hayem stated that President Nayib Bukele has pledged to continue accumulating the cryptocurrency. The Bitcoin Office of El Salvador reported that the country has acquired an additional 8 Bitcoins in the past week, bringing the total national reserve to 6,162.18 Bitcoins.