Just noticed El Salvador's Bitcoin holdings took a hit during that brutal crash a few weeks back. They were sitting around $495M at the low point after dropping over $300M from the peak. Still wild that they kept buying through it all though - added 8 BTC just last week and they're sticking to that 1 BTC per day strategy. That's some serious conviction.



The IMF situation is interesting though. There's definitely tension between their loan program and the whole Bitcoin accumulation thing. A lot of traditional finance folks were nervous about it, especially after BTC lost that 40% from its October highs. Some thought it could actually tank the deal, but honestly, El Salvador seems to have some backing that's keeping things stable.

Anyway, Bitcoin's recovered to $77.69K now, so El Salvador's Bitcoin holdings are looking a lot healthier than they did a few weeks ago. Those bags are bouncing back. The real question is whether they keep buying at these levels or if they finally ease off. Given their track record, I'd bet they don't stop.
BTC0,15%
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