El Salvador Increases Bitcoin Holdings Despite IMF Pressure

According to BlockBeats, data from El Salvador's Ministry of Finance reveals that the country has acquired an additional 8 bitcoins over the past week, with an average purchase price of $82,892 each. This brings El Salvador's total bitcoin holdings to 6,120.18 coins, valued at approximately $507.8 million. Despite pressure from the International Monetary Fund (IMF) to halt the accumulation of decentralized value storage assets, El Salvador has continued to increase its bitcoin reserves. Over the past 30 days, the country has added a total of 41 bitcoins to its holdings.