Bitcoin products in Salvador rise to 644 million dollars, generating $ 357 million in unreasonable gains

While the International Monetary Fund requires restrictions on the participation of encryption in the public sector as part of a $ 1.4 billion loan agreement, Bitcoin office in El Salvador continued to buy one BTC per day.

It seems that this strategy has resulted, as the country is now carrying a huge set of unreasonable gains worth more than $ 357 million, driven by the last bitcoin gathering with a inch of cryptocurrency approaching its already -raised rise.

Silvador treasure BTC Treasure Tove

President Nayeb participated in the Agent Screenshot On the X which revealed that the BTC portfolio in El Salvador, which is now valued at more than $ 644 million, was built on an initial investment of $ 287.1 million. As such, this has been translated into more than 124 % of the profit margin.

Despite the continuous scrutiny of global financial institutions, El Salvador remained firm in the BTC accumulation strategy. Bokley, who led this step to give legitimacy to Bitcoin in 2021 as a way to enhance financial inclusion, refused to constantly pressure the program to decline.

According to Data It was assembled by Treasury bonds in Bitcoin, the property of the Central American country of 6181 BTC, the sixth largest BTC holder around the world, where the United States is at the forefront of the list, followed by China, the United Kingdom, Ukraine and Patan, respectively.

Bitcoin Bet is running despite the restrictions of the International Monetary Fund

Last December, El Salvador agreed to expand the scope of its bitcoin policies as part of the arrangement of financing with the International Monetary Fund. the evictionAnd, which includes a loan of $ 1.4 billion, and is expected to exceed a total of $ 3.5 billion, with conditions aimed at reducing the coding activity in the country.

The International Monetary Fund had previously warned of the potential risks associated with Salvador pregnant women. Compliance with the deal, legislators Reforms approved in January this year, Like making bitcoin acceptance optional companies instead of mandatory.

However, Bukele explained that the cryptocurrency is still a major part of its vision. in mail In X, the country’s president insisted that the purchase strategy will continue despite international agreements, while emphasizing that El Salvador stands firm even when it was subjected to global criticism and has been largely abandoned by the broader encryption community.