Bitcoin Or Bust: El Salvador Keeps Buying Despite IMF Pressure

Quick Summary:

El Salvador’s transformation from a nation that was skeptical of cryptocurrency to one that is the staunchest advocate for Bitcoin has been nothing short of extraordinary.

Paper profits exceed $167 million, and the Central American nation currently maintains 6,068 BTC in its treasury, which is almost $600 million in value.

The first Strategic Bitcoin Reserve in the world keeps growing and so El… pic.twitter.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryBrazilEl SalvadorGermanyUnited States

Topics: Bitcoin Bitcoin Btcusd Btc Nayib Bukele Crypto IMF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 14:30:20 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 533 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25930226

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Official Website: bitcoinist.com

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News Last Updated: 8 hours ago

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