Image by Today, Salvadoran President Nayib Bukele reaffirmed that the country will continue purchasing Bitcoins, dismissing concerns that the International Monetary Fund (IMF) might impose restrictions as part of a proposed $1.4 billion financing program.
President Bukele made it clear that Bitcoin investments would not pause, now or in the future. “This all ends in April. This all ends in June. This all ends in December. No, it doesn’t stop. If it didn’t stop when the world ostracized us and most Bitcoiners abandoned us, it won’t stop now and it won’t stop in the future,” remarked Nayib Bukele.
This week, El Salvador reached a milestone, holding 6,101 bitcoins in its Crypto National Treasury Reserves.
Over the past few days, the government acquired seven additional bitcoins, including five on Monday when prices dipped to $83,000.
The purchases follow Bukele’s ongoing strategy of purchasing one bitcoin per day, which began in 2022.
According to Salvadoran Authorities, El Salvador’s Bitcoin investment has yielded an 80% return, with unrealized gains surpassing $200 million.
The country has acquired 838 bitcoins through its daily purchase plan, achieving a 70% return rate. In the past month alone, the National Bitcoin Office (ONBTC) reported the acquisition of 46 bitcoins.
El Salvador now ranks as the sixth-largest Bitcoin-holding nation, trailing the U.S., China, the U.K., Ukraine, and Bhutan.
Meanwhile, the U.S. may soon adopt a similar strategy. President Donald Trump has repeatedly expressed his intention to establish a national cryptocurrency reserve.
On Sunday, Trump reiterated his stance on Truth Social, emphasizing that Bitcoin will be central to the U.S. reserve.
“A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration,” expressed President Trump.
President Trump mentioned assets like XRP, SOL, and ADA, and later added, “And obviously BTC and ETH, like other valuable cryptocurrencies, will be at the heart of the reserve. I love Bitcoin and Ethereum too!”
