In the past week (as of june 2 2025), El Salvador has purchased a total of 7 bitcoins, and 30 in the past 30 days, indicating that it continues to implement the "daily purchase" strategy.
But they borrowed $1.4 billion from the IMF in December last year, so I feel that they used the loan money to buy bitcoins, even though they promised the IMF not to use public funds to buy bitcoins.
Then I have a question, that is, the current bitcoin price is so good, why doesn't El Salvador pledge bitcoins to lending platforms to obtain an annualized rate of return, which is about 6% to 9%, and they have 6188 bitcoins, worth 657,911,721USD, and can earn 59 million USD in interest each year.
How much help does this have for the El Salvadoran economy?
The government of El Salvador, Nayib Bukele, has been buying Bitcoin on a regular basis, and he has been investing in Bitcoin to boost his country's economy for a long time. Not only El Salvador, but also other countries are holding Bitcoin to become economically self-sufficient. El Salvador is holding Bitcoin in a way that is surprising the whole world. This aggressive Bitcoin buying strategy gives a strong signal to more countries to accept Bitcoin.
This Bitcoin plays the most important role in making the country's economic system stronger because the more Bitcoin is purchased, the more the average Bitcoin price will decrease. As a result, if Bitcoin reaches a higher price after holding for a long time, the Bitcoin held for a long time is more self-sufficient.