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El Salvador’s Bitcoin Holdings Skyrocket 133% Despite IMF Stark Warnings!
The country of El Salvador has seen a significant surge in its Bitcoin holdings, with the amount now valued at $632 million. This comes as a stark contrast to warnings issued by the International Monetary Fund (IMF) for El Salvador to limit its Bitcoin investments.
El Salvador’s bold move in investing in cryptocurrency has led to its portfolio growing an astonishing 133%. The country’s goal of buying one Bitcoin daily has been executed, with the addition of $1 million worth of Bitcoin being transferred into the Strategic Bitcoin Reserve.
Source: coinpedia.org
