El Salvador has bought 240 Bitcoin since IMF non-accumulation agreement
The Central American country has continued its daily Bitcoin investments despite a non-accumulation deal struck with the IMF in December 2024.
El Salvador, the world’s first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that included provisions discouraging further accumulation.
The government’s treasury wallet currently holds 6,209 Bitcoin (BTC), having added 240 BTC since Dec. 19, 2024, after the IMF deal was announced, according to data from El Salvador’s Bitcoin Office.
In December, El Salvador struck a deal with the IMF for a $1.4 billion loan, which required the government to drop Bitcoin’s status as a legal tender and stop its public BTC accumulation.
