El Salvador, a country in Central America, is buying more Bitcoin, even though the International Monetary Fund (IMF) doesn't like it. Bitcoin is a type of digital money. The IMF is like a big bank that helps countries with money problems. El Salvador's president, Nayib Bukele, believes in Bitcoin and keeps buying it.
- El Salvador recently bought more Bitcoin, even though its price went down.
- They now own about 6,111 Bitcoins, worth over $504 million!
- The IMF wants El Salvador to stop buying Bitcoin.
- El Salvador is ignoring the IMF's advice for now.
| Fact | Number |
|---|---|
| Total Bitcoins El Salvador owns | 6111 |
| Approximate value of El Salvador's Bitcoin holdings | $504 million |
| Price of one Bitcoin during recent purchase | Around $80,000 |
