BitcoinSistemi 2025-05-19 15:23:07

El Salvador, Caught Between Bitcoin (BTC) and IMF Clamp, Is Determined! Nayib Bukele Explained!

The leading cryptocurrency Bitcoin (BTC) rose above $ 107,000 during the night hours. However, the BTC price could not hold on to these levels and fell to $ 103,000. While BTC has been quite volatile in the last 24 hours, El Salvador has made over $357 million in unrealized profits with Bitcoin's recent rise. El Salvador, which broke new ground by accepting Bitcoin as legal currency, continues to accumulate BTC, with Bitcoin assets increasing by $137 million in the last month to over $644 million. According to El Salvador President Nayib Bukele’s X-post, El Salvador’s BTC portfolio is valued at over $644.4 million compared to the initial investment of $287.1 million. According to the data, El Salvador currently has 6,181 BTC worth $644 million, an increase of $137 million in a month. With this number of BTC, El Salvador ranks just behind the USA, China, UK, Ukraine and Bhutan. President Nayib Bukele announced that he would continue to buy BTC despite an agreement with the IMF to halt some Bitcoin activities in the country, and added 30 BTC last month despite the restrictions. As is known, in June 2021, El Salvador became the first country to officially adopt Bitcoin as legal tender, as proposed by Bukele in order to promote financial inclusion. Since then, the country has been steadily accumulating BTC. pic.twitter.com/05izbAR202 — Nayib Bukele (@nayibbukele) May 19, 2025 *This is not investment advice. Continue Reading: El Salvador, Caught Between Bitcoin (BTC) and IMF Clamp, Is Determined! Nayib Bukele Explained!