El Salvador Continues to Accumulate Bitcoin Despite IMF Agreement
Amid global economic changes and increasing interest in cryptocurrencies, El Salvador has once again caught the attention of the crypto community. The country purchased another 6 BTC on Sunday, bringing its total holdings to 6,111.18 BTC. This is happening despite agreements with the International Monetary Fund (IMF), which have not affected El Salvador’s strategy of accumulating digital gold.
Bitcoin as a Strategic Asset
Since recognizing Bitcoin as legal tender in 2021, El Salvador has continued to actively invest in the first cryptocurrency. The country’s president, Nayib Bukele, has repeatedly stated that Bitcoin is a tool for economic freedom and protection against inflation.
The recent purchase of 6 BTC may seem insignificant on a global crypto market scale, but it highlights the country’s commitment to its strategy. Currently, El Salvador holds over 6,100 BTC, making it one of the largest state holders of the digital asset.
Miners Have Been Accumulating BTC Since February 28
In parallel with El Salvador’s actions, another important trend has emerged—since February 28, Bitcoin miners have been actively accumulating BTC. This indicates that they expect future price growth and prefer to hold coins rather than sell them on the market.
Blockchain data shows that many large mining companies and private miners have reduced their sales of mined BTC, creating additional pressure on supply. Given the limited supply of Bitcoin (only 21 million coins), this trend could contribute to the asset’s price increase.
US Treasury’s Statement on Stablecoins
US Treasury Secretary Scott Bessent made an important statement regarding the future of the country’s financial system. He stated:
> “We are going to keep the US dollar as the dominant reserve currency in the world, and to do that, we will use stablecoins.”
This statement indicates that the US is ready to adapt to the new reality of digital assets and integrate them into its financial system. However, the question remains as to how exactly this will be implemented. The regulation of stablecoins remains one of the key topics of discussion in financial circles, and in the coming months, new legislative initiatives are expected.
The use of stablecoins such as USDT, USDC, or new central bank digital currencies (CBDCs) could help the US maintain its leading position in the global economy. However, their regulation and control will be key aspects of this process.
South Korea Considers Creating a Strategic BTC Reserve
Following Donald Trump’s statement on the possible formation of a strategic Bitcoin reserve in the US, other countries have also begun discussing similar initiatives. South Korea is considering establishing its own state BTC reserve, which could be an important step in recognizing cryptocurrencies in the global economy.
Experts believe that South Korea sees Bitcoin not only as an investment asset but also as a tool for protecting the national economy from financial risks. The country has a well-developed crypto market and a high level of public involvement in digital assets, making this initiative a logical extension of its economic policy.
What Does This Mean for the Crypto Market?
These developments lay the foundation for further growth of the crypto industry and institutional recognition of digital assets. If this trend continues, Bitcoin may become not only an asset for private investors but also an essential element of national reserves for leading world economies.
The global financial system continues to evolve, and cryptocurrencies are taking on an increasingly significant role. The policies of El Salvador, the actions of miners, statements from the US Treasury, and potential steps by South Korea indicate that digital assets can no longer be ignored.
If the world’s largest economies truly begin accumulating Bitcoin as a strategic asset, this could lead to an unprecedented surge in its value. In the coming months, the crypto community will closely monitor developments, as they could determine the future of the entire industry.
