🔥El Salvador continues to accumulate Bitcoin despite the indications from the IMF 🚀
El Salvador, the first country in the world to adopt #bitcoin as legal tender, continues to buy Bitcoin despite a loan agreement of $1.4 billion granted by the International Monetary Fund, where one of the clauses of the agreement indicated the non-accumulation of Bitcoin.
Currently, the treasury wallet of #ElSalvador has 6,209 BTC, after having accumulated nearly 240 #BTC since December 19, 2024, just after the Central American country announced an agreement with the IMF.
In December, El Salvador reached an agreement with the IMF to obtain a loan of $1.4 billion, which was beneficial for the country to invest. But in return, the #FMI demanded that the government renounce Bitcoin's status as legal tender and stop the public accumulation of BTC, according to some media outlets.
But this was no obstacle for El Salvador to continue with its strategy of buying 1 BTC per day, a strategy established by its president Nayib Bukelé in 2022.
This is an interesting demonstration that regardless of the price or what others say, the strategy remains firm, accumulating more BTC for the future.
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