El Salvador Defies IMF Restrictions with New $100M Acquisition as Bitcoin Dips 4%

TLDR El Salvador adds 1,090 BTC worth $100M, bringing its total holdings to 7,474 BTC. The purchase occurs while Bitcoin’s price drops 4.92%, settling at $90,999. El Salvador has been buying Bitcoin daily since November 2022, despite IMF restrictions. The IMF’s $1.4 billion loan agreement with El Salvador restricts public sector Bitcoin purchases. The price [...]

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