El Salvador Purchases $100 Million Bitcoin During Market Drop Below $90,000

TLDR El Salvador purchased 1,090 BTC worth $100 million on Monday evening during a market dip The purchase brings El Salvador’s total Bitcoin holdings to 7,474 BTC valued at $676 million Questions remain about whether this violates El Salvador’s IMF loan agreement that prohibits new Bitcoin purchases Bitcoin fell below $90,000 for the first time [...]

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