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El Salvador has purchased 21 Bitcoin to mark the fourth anniversary of its groundbreaking Bitcoin Law, bringing its national reserves to over 6,313 BTC. The acquisition defies conditions of the country’s $1.4 billion IMF loan agreement requiring a halt to Bitcoin accumulation. This symbolic purchase underscores ongoing tensions between the nation’s crypto adoption strategy and international financial oversight.
- El Salvador's Bitcoin reserves now total 6,313.18 BTC worth $701 million, ranking among the largest sovereign holdings globally
- The IMF loan agreement requires halting Bitcoin accumulation and liquidating the Fidebitcoin trust, creating direct policy conflict
- The government recently redistributed Bitcoin across multiple addresses citing quantum computing threats while maintaining public transparency
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