El Salvador Acquires 1,098 BTC Valued Over $100 Million
- El Salvador makes record Bitcoin purchase amid market dip.
- Transaction aligns with President Nayib Bukele’s strategy.
- Potential conflicts with IMF agreements rise.
El Salvador confirmed the purchase of over $100 million in Bitcoin, led by President Nayib Bukele between November 17 and 18, 2025, during a sharp market dip.
The acquisition underscores El Salvador’s commitment to Bitcoin, potentially affecting its IMF agreements and highlighting ongoing controversies regarding cryptocurrency in national treasuries.
Article Content
El Salvador’s government, led by President Nayib Bukele, confirmed its largest ever Bitcoin purchase. The country acquired 1,090–1,098 BTC, valued over $100 million, during a market dip with Bitcoin prices below $90,000.
President Nayib Bukele和该国的比特币办公室通过官方声明公布了本次收购。这一举措符合Bukele持续积累比特币的策略，尽管市场波动带来一定挑战。
The decision has significant implications for El Salvador’s economy and global Bitcoin markets. By acquiring more Bitcoin, the country aims to strengthen its sovereign digital asset portfolio.
Financial experts note this acquisition may challenge El Salvador’s IMF agreements , which prohibit new public-sector Bitcoin purchases. This transaction could potentially conflict with the IMF’s $1.4 billion loan terms. Nayib Bukele, President of El Salvador, confirmed the purchase stating, “Hooah!” along with the details of acquiring 1,098.19 BTC, bringing the country’s total to 7,474.37 BTC.
Global financial bodies are closely monitoring El Salvador’s actions. Bitcoin enthusiasts view it as a major national endorsement of the cryptocurrency.
Historical precedents highlight El Salvador’s pattern of buying Bitcoin during market dips. The country holds over 7,474 BTC now. Analysts suggest this approach to sovereign accumulation may lead to ongoing regulatory discussions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Bitcoin Faces $83,000 Test as Whale Activity Drives Optimistic Predictions
- Bitcoin whale activity surged, with large holders transferring over 102,900 transactions above $100K and 29K above $1M, signaling a shift from selling to accumulation, per Santiment. - Analysts highlight $83K as a critical Fibonacci level, suggesting a successful defense could reignite Bitcoin's upward trajectory after stabilizing above $92K. - Derivatives markets show neutral funding rates and $83B daily volumes, indicating active participation despite drawdowns, while whale outflows suggest structured
Ethereum News Update: BlackRock's ETH Sell-Off Triggers Downward Trend as $2B Exits ETFs
- Ethereum ETFs face $2B outflows as BlackRock deposits $175.93M ETH into Coinbase Prime, signaling strategic offloading. - Death Cross pattern and oversold RSI highlight technical fragility, with price needing $3,200 to avoid $2,500 retest. - Institutional selling and macroeconomic uncertainty drive $73B ETP outflows since October, deepening bearish sentiment. - Analysts warn BlackRock's absence from crypto purchases since mid-2025 risks prolonged capitulation below $2,800 support.
Chainlink’s cross-chain advancements enhance liquidity, with LINK aiming to surpass the $14 mark
- Chainlink (LINK) partners with TAO Ventures and Project Rubicon to boost liquidity via CCIP, targeting a $14 price breakout. - The collaboration tokenizes Bittensor subnets into ERC-20 assets, enabling cross-chain DeFi access and staking rewards without selling assets. - Technical indicators (MACD convergence, ADX 37) suggest upward momentum, with analysts projecting $15–$20 price targets if $14 resistance breaks. - Institutional and retail interest grows as Chainlink's interoperability role strengthens,
ether.fi (ETHFI) To Make Rebound? Key Emerging Pattern Formation Suggest So!
