El Salvador celebrates Bitcoin National Day with 21 BTC Buy
Author
Sundararajan Sujha
Author
Sundararajan Sujha
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The president of El Salvador, Nayib Bukele, confirmed on Monday that the nation obtained 21 BTC to celebrate his fourth anniversary of the Bitcoin Law.
The Central American Nation has been adding 1 BTC per day since March 2024, by Bitcoin office data.
With the new purchase, El Salvador has reached 6,313.18 Bitcoin, valued at more than $ 701 million. The nation has bought 28 BTC in the last 7 days.
This acquisition highlights the continuous investment strategy of El Salvador in the midst of the fluctuating conditions of the market, with the aim of strengthening its position in the global cryptocurrency panorama.
El Salvador made Bitcoin a legal tender in September 2021, and the country’s Bitcoin office has announced the anniversary as ‘Bitcoin Day’.
The purchase of El Salvador BTC complicates the fulfillment of the IMF
According to a recent report by the International Monetary Fund (IMF), El Salvador stopped buying any new Bitcoin, since El Salvador obtained a loan agreement of $ 1.4 billion in December 2024.
The agreement requires to stop BTC voluntary purchases by public entities. In addition, the agreement requires the government’s exit from the goat wallet program.
In addition, the IMF has long been a critic of the adoption of Bitcoin of El Salvador. In 2021, the international agency warned that the nation’s movement to make Bitcoin a legal tender would lead to “a series of macroeconomic, financial and legal issues.”
Despite the mandates instead, El Salvador has continued to accumulate 1 bitcoin per day.
In addition, the country announced to divide its Bitcoin treasure into 14 separate directions. This is to improve security against growing concerns about quantum computing threats. Until now, the government has stored its BTC treasure in one wallet direction.
Bitcoin Day – Milestones so far
The BTC agency of the Government has highlighted the key milestones of Bitcoin de El Salvador so far, including the change of brand of the nation as “Bitcoin country”.
“Guided only par excellence, our results show that builders can build extraordinary things,” Bitcoin’s office published in X.
In addition, around 80,000 public servants have received a Bitcoin certification from 2025, he said, adding that the Government approved a law that enables Bitcoin banks and the BTC Markets BTC framework.