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El Salvador Bought 11 More Bitcoins 20 Minutes Ago

2024-12-20 08:36

BlockBeats News, December 20th, according to Arkham monitoring, the Salvadoran government increased its Bitcoin holdings by 11 coins approximately 20 minutes ago, worth about $1.07 million.


Earlier reports stated that in order to comply with a $1.4 billion loan agreement with the International Monetary Fund (IMF), the Salvadoran government would sell or deactivate the official Bitcoin wallet Chivo and adjust the Bitcoin adoption policy to be voluntary. Nevertheless, the country indicated that it still plans to accelerate its Bitcoin purchases as part of its national strategic reserves.

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