El Salvador continues accumulating bitcoins despite IMF claims
Despite multiple statements from the International Monetary Fund suggesting that El Salvador has formally ended its Bitcoin experiment, the country continues to purchase Bitcoin daily and steadily increase its reserves. Currently, the country holds 7,565 BTC.
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Official data shows that El Salvador added 8 BTC to its reserves in the past 7 days and 30 BTC over the last month, demonstrating a consistent strategy of increasing Bitcoin holdings. This stands in contrast to international criticism and highlights the country's commitment to integrating cryptocurrency into its national economy.
El Salvador is expected to maintain its active Bitcoin acquisition policy, potentially encouraging further institutional adoption of the cryptocurrency within the country.
