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IMF Contradicts El Salvador on BTC Purchases Amid Loan Agreement

The latest IMF report states that El Salvador has not purchased any BTC since February 2025. It notes that the recent increase in reserves was due to internal wallet consolidation rather than new purchases, contradicting President Bukele's claims of daily BTC acquisitions of 1 BTC each. In December 2024, El Salvador entered into a loan agreement with the IMF. Subsequently, the IMF recommended that El Salvador cease purchasing BTC for reserves. The IMF later assured that the BTC holdings in El Salvador would remain unchanged and that the country would no longer buy BTC.
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AI Analysis

The recent IMF report challenges the narrative presented by El Salvador regarding its Bitcoin acquisition strategy. The country’s claims of daily purchases of 1 BTC appear inconsistent with the IMF’s ...

AI Recommendation

Investors and analysts should monitor El Salvador’s reserve activities closely for signs of policy shifts or compliance with IMF recommendations. The contradiction between official statements and IMF ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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