$BTC El Salvador Ignores IMF and Continues to Buy Bitcoin

However, according to the latest data from El Salvador's wallet address, the Bitcoin Office in El Salvador is quietly expanding its national Bitcoin reserves.

In the past month, the country has added another 32 BTC, worth over $650,000, bringing its total Bitcoin holdings to 6,161.18 BTC, valued at approximately $584 million, consistent with El Salvador's 'One Bitcoin a Day' policy implemented since 2021. But confusingly, Rodrigo Valdes, Director of the IMF's Western Hemisphere Department, recently stated at a regional economic outlook press conference:

Regarding El Salvador, I can confirm that they continue to adhere to the commitment not to accumulate Bitcoin in the overall finance department, which is the performance standard we set.