Oh, what a mischievous little scamp El Salvador has been! While the crypto market was having a bit of a wobble, they went and snaffled up nearly 1,100 BTC, as if it were a giant jar of gobstoppers. President Bukele, the cheeky chappie, couldnât resist boasting about it on social media, with a triumphant âHooah!â đ„ł But shh! Donât tell the IMF, theyâre not supposed to be doing that! đ€«
El Salvador Gobbles Up 1,098 Bitcoin, Stash Now a Whopping 7,474 BTC
The Juicy Details
While the crypto world was busy having a tantrum and selling off everything but the kitchen sink, El Salvador was there, grinning like a Cheshire Cat, snapping up bitcoin like it was going out of fashion. They grabbed 1,098.19 BTC, worth a cool $101.14 million, while prices were having a little nap at $92.1K. Clever clogs, arenât they? đ§ âš
President Nayib Bukele, the ringleader of this crypto circus, couldnât keep his excitement to himself. He posted a screenshot of the National Bitcoin Officeâs dashboard, where the purchases were laid bare for all to see. âHooah,â he declared, probably while doing a little victory dance. đș
With this latest haul, El Salvadorâs BTC treasure chest now holds 7,474.37 coins, valued at over $688.4 million. And remember, Bukele promised to buy one bitcoin every day until itâs âunaffordableâ with regular money. Heâs been keeping that promise, even after the IMF said, âNo more bitcoin for you!â in their sternest voice. đ
Why This Matters (Or Doesnât, Depending on Who You Ask)
El Salvadorâs bold move is like a big, fat vote of confidence in bitcoin, especially when everyone else is running around like chickens with their heads cut off. đ But it also raises some eyebrow-raising questions, like, âWhere did they get the money?â The IMF thought theyâd stopped this little game, but it turns out they might just be shuffling coins between their own wallets. Sneaky, sneaky! đ
Will there be consequences? Oh, you bet there will! The IMF is probably sharpening their pencils as we speak, ready for the next compliance review. đâïž
Whatâs Next in This Crypto Saga?
El Salvador isnât done yet. If the crypto market keeps tumbling, theyâll be there, ready to scoop up more bitcoin like itâs a bargain bin at a flea market. So, stay tuned for the next episode of âEl Salvadorâs Crypto Adventuresâ! đą
FAQ (Frequently Asked Questions, Not Frequently Answered Clearly)
-
What did El Salvador buy recently?
They snapped up 1,098.19 BTC during a market meltdown for about $101.14 million. đđ° -
How much BTC does El Salvador have now?
Their stash is now a whopping 7,474.37 BTC, worth over $688.4 million. Thatâs a lot of chocolate bars! đ« -
What did President Bukele say?
He celebrated like a kid in a candy store, promising to buy 1 Bitcoin daily until itâs too expensive. đ -
Whatâs the fuss about?
The IMF said, âNo more bitcoin!â but El Salvador did it anyway. Now everyoneâs wondering where the money came from. đ€
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2025-11-18 13:09