Well, well, well! El Salvador is at it again, folks! They’ve added a whopping 240 Bitcoin to their stash since December! And guess what? They’re doing this while holding hands with the IMF, who just handed them a $1.4 billion loan and said, “No more Bitcoin, please!” Talk about a rebellious teenager! 😜
Since December 19, El Salvador has been on a Bitcoin shopping spree, bringing their total to 6,209 BTC! That’s right, folks! One Bitcoin a day keeps the financial advisors away! President Nayib Bukele kicked off this crypto carnival back in 2022, and it looks like the party is still going strong! 🎉
And just when you thought it couldn’t get any crazier, Economy Minister Maria Luisa Hayem pops up in a Bloomberg interview, saying:
“There’s a commitment from President Bukele to keep accumulating assets as a way to do precisely that. Bitcoin keeps being an important project. There is an asset accumulation that we’re seeing from the government perspective, from the private sector perspective.”
Now, here’s the kicker! The IMF’s December 2024 agreement with El Salvador said, “Hey, stop treating Bitcoin like it’s your best friend!” But guess what? The IMF is now saying, “Oh, you’re still in compliance, even though you’re hoarding BTC like it’s going out of style!” 😂
Rodrigo Valdes, the head honcho of the IMF’s Western Hemisphere Department, said the agreement only applies to the formal fiscal sector. So, it seems like El Salvador is playing a little game of hide and seek with their Bitcoin purchases, keeping it all under the radar! Sneaky, sneaky! 🤫
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2025-06-17 14:12