El Salvador, a country in Central America, has stopped buying Bitcoin every day. They had been adding to their Bitcoin collection since November 2022. This change is because of a big loan they got from the IMF, a group that helps countries with money.
- El Salvador now has over 6,000 Bitcoins!
- They used to buy one Bitcoin a day.
- The IMF wants El Salvador to make using Bitcoin optional for businesses.
| Fact | Number |
|---|---|
| Total Bitcoins El Salvador owns | Over 6,000 |
| Approximate value of their Bitcoins | $586 million |
| Amount of IMF loan | $1.4 billion (potentially over $3.5 billion total) |
