El Salvador's Bitcoin Reserves Grow to 7,787 BTC Amid IMF Agreement
El Salvador has added 29 BTC to its national reserve since August 28, bringing the total to approximately 7,787 BTC, valued at about 658 million dollars. While the accumulation rate of roughly 0.94 BTC per day mirrors the country's previous 'one bitcoin per day' strategy, the International Monetary Fund (IMF) maintains that these additions stem from private donations rather than public funds, as required by the 1.4 billion dollar agreement between the country and the IMF.
Summaries are written by AI from the original article. Not investment advice.