It seems recently el salvador just added more bitcoin into their stash, truly fascinating move.
Don't know what el salvador is aiming though but the fact that el salvador has profited so hard from bitcoin means they are conscious enough to keep holding onto bitcoin.
It seems in this case, el salvador just gonna ignore IMF outright.
However, immediately after the announcement of the IMF agreement, El Salvador continued to purchase Bitcoin without hesitation. On December 19, the country bought $1 million worth of BTC, and again on December 22, reinforcing its long-term commitment to the digital asset.
Since 2021, El Salvador has consistently accumulated Bitcoin at a rate of 1 BTC per day (sometimes more, as seen in recent weeks). This accumulation strategy has now led the country to a major milestone: on December 29, El Salvador purchased another BTC, bringing its total to 6,000.77 Bitcoin, valued at approximately $569 million.
Source:
https://www.linkedin.com/pulse/el-salvador-increases-its-bitcoin-reserves-over-6000-btc-conio-mhjafBukele has a plan and it seems he has no intention of deviating from that plan... DCA. And how could they give up when they are making such a nice profit, that would be a shame.
I think we can agree that Bukele is doing a great job, so we can only cheer him on. It would be nice if some other civil servants (especially presidents) would follow his example.