El Salvador buys 13 BTC, totaling 6,105 BTC worth $527 million, defying IMF pressure

From Cointelegraph
March 8, 2025 4:23:08 pm:

El Salvador acquired 13 Bitcoin since March 1, totaling over 6,105 BTC worth $527 million despite IMF pressure. The country typically buys 1 BTC daily, but purchased 5 on March 3. El Salvador amended Bitcoin laws to comply with IMF loan agreement, receiving backlash from IMF but President Bukele vows to continue stacking BTC.

Bitfinex Derivatives and Tether are relocating to El Salvador due to the government’s pro-Bitcoin stance. This move follows El Salvador’s amendments to Bitcoin laws to comply with IMF loan agreement. Despite IMF pressure, President Bukele reaffirms commitment to stacking BTC, causing major crypto firms to relocate to the Central American country.

Read more at Cointelegraph: El Salvador acquired over 13 BTC since March 1, despite IMF deal