
El Salvador Defies IMF Pressure, Buys 6 Bitcoins Amid Market Dip
In a bold move, El Salvador has defied International Monetary Fund (IMF) pressure and continued its Bitcoin accumulation strategy by purchasing six new units of the cryptocurrency amid market volatility. The decision comes as the country’s total Bitcoin holdings have reached 6,111.18 BTC, valued at approximately $504 million.
The surprise purchase follows a previous acquisition of five new Bitcoins during a market dip, demonstrating El Salvador’s unwavering commitment to its crypto strategy despite criticisms and external pressures.
Source: https://coinpedia.org/news/el-salvador-defies-imf-pressure-buys-6-bitcoins-amid-market-dip/