IMF Claims El Salvador isn’t purchasing more Bitcoin—what’s the situation?

El Salvador, under President Bukele’s leadership, legalized Bitcoin four years ago. He claims to buy 1 BTC daily. However, the IMF states that the amount of government Bitcoin has not increased since a December 2024 agreement.

Blockchain data suggests that Bitcoin wallets in El Salvador are indeed growing by 1 Bitcoin per day. This raises questions about the authenticity of Bukele’s claims regarding new purchases, as the IMF contests these assertions.

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