El Salvador Invests in Bitcoin Despite IMF Loan Agreement

Despite an agreement with the International Monetary Fund (IMF) requiring El Salvador to halt public funding for Bitcoin purchases, the country has continued adding to its national Bitcoin reserves. Cointelegraph reports that El Salvador purchased 7 more BTC over the past week, bringing their total holdings to 6,173 BTC, valued at more than $637 million. This move continues despite the December 2024 loan agreement.