El Salvador’s President Nayib Bukele insists the country will keep acquiring Bitcoin despite IMF regulations. Recent IMF statements imply compliance with a $1.4 billion credit deal, yet ambiguity surrounds actual Bitcoin purchases versus reallocation of existing assets.

Jorn Dennehy, founder of Mi Primer Bitcoin, offers two theories: the Bitcoin may simply be moved between wallets or possibly received as donations from partners such as Tether. Regardless, El Salvador’s national Bitcoin office claimed to have bought 17 BTC, raising reserves to 6,111.18 BTC.