El Salvador has recently added 11 Bitcoin to its reserves, worth over 1,000,000 USD, reaffirming its commitment to BTC. This follows the country’s promise to the IMF to limit Bitcoin usage while negotiating a loan of 1.4 billion USD.
Despite the IMF’s advice to restrict Bitcoin acceptance and limit public sector exposure, El Salvador continues to navigate its Bitcoin strategy. The country’s actions reflect its ongoing dedication to integrating Bitcoin into its economy, even under external financial pressures.