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?
They are being strategic on this their investment, IMF condition is not breached by them there is no indication that show that all the money was channels on buying Bitcoin besides is not just one condition that is attached to the borrowing, it's not mandatory that the purpose to which money is borrowed for must be accomplished, like my people do said that the tune to borrow money is different from implementation and paying back , IMF might have given some condition but can't force them on what to used it for.