According to the website of the Ministry of Finance of El Salvador, El Salvador increased its holdings of 1 bitcoin this morning. At present, its bitcoin holdings are 6180.18, worth more than 638 million US dollars. It has increased its holdings of 8 bitcoin in the past 7 days and 31 bitcoin in the past 30 days. It still maintains its plan to buy 1 bitcoin per day.
Notably, the international monetary fund (IMF) has pressured El Salvador in recent months to stop accumulating decentralized store-of-value assets. December 2024 El Salvador reached an agreement with the IMF to receive a $1.40 billion loan as part of the agreement El Salvador agreed to remove bitcoin from legal tender status in the country and reduce public sector involvement in bitcoin. On April 27, Rodrigo Valdes, director of the IMF's Western Hemisphere Department, said at a press conference at the spring meeting that El Salvador is still complying with the commitment of the overall fiscal sector not to accumulate bitcoin, a Key Performance Indicator the country agreed with the IMF.
El Salvador increased its holdings of 31 bitcoins in the past 30 days, increasing its total holdings to 6,180.18
2025-05-18 02:55:31
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