El Salvador says it will still purchase Bitcoin after reaching an agreement with the International Monetary Fund

According to Bloomberg, Salvadoran Economy Minister Maria Luisa Hayem stated at the Rio de Janeiro Web Summit that despite signing a loan agreement with the International Monetary Fund (IMF) to stop accumulating Bitcoin, El Salvador will continue to purchase Bitcoin. Hayem confirmed in a live interview: 'President Bukele has promised to continue accumulating assets.'. ”According to the official announcement of The Bitcoin Office in El Salvador, El Salvador has increased its national Bitcoin strategic reserve by 8 bitcoins in the past 7 days, bringing its Bitcoin reserve to 6162.18 bitcoins.