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El Salvador has acquired an additional seven Bitcoin, worth over $650K, despite IMF loan conditions advising against further purchases. The IMF claims compliance, but on-chain data suggests continued daily BTC acquisitions by the government. This raises questions about the interpretation of the loan agreement and Bukele’s unwavering crypto strategy.
- El Salvador bought seven more Bitcoin (worth $650K) despite IMF loan conditions discouraging further crypto purchases.
- The IMF claims compliance, but analysts argue its language allows loopholes for continued BTC acquisitions.
- President Bukele remains committed to Bitcoin, with Spain’s Economic Minister endorsing the policy despite IMF scrutiny.
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