Nayib Bukele and Michael Saylor Meet 🔥⬇️#BTCMiningRevenue

El Salvador’s President Nayib Bukele met with Michael Saylor, co-founder of MicroStrategy, at the presidential palace on Tuesday. 🔥

Bukele and Saylor’s meeting was confirmed by the country’s National Bitcoin Office. However, details of their conversation were not shared, but both are strong Bitcoin supporters. 🔥

Bukele and Saylor posted photos of their meeting on social media, with Saylor stating that they discussed how El Salvador could help accelerate global Bitcoin adoption. 🔥

El Salvador added another Bitcoin to its reserves, bringing its total to 6,077 Bitcoin, worth about $590 million. Additionally, MicroStrategy just purchased 7,633 Bitcoin, bringing its total reserves to 478,740 Bitcoin, worth over $46 billion. 🔥

El Salvador has made Bitcoin legal tender, but recently changed its policies to meet the terms of a $1.4 billion loan from the International Monetary Fund. The IMF has criticized El Salvador’s Bitcoin strategy, warning that it could create financial risks. 🔥

As part of the loan agreement, the country is expected to scale back some of its Bitcoin-related programs, raising questions about the future of its cryptocurrency policies.$BTC 🔥