Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
El Salvador Acquires 1,098 BTC Valued Over $100 Million

El Salvador Acquires 1,098 BTC Valued Over $100 Million

Coinlive2025/11/20 00:24
By:Coinlive
Key Takeaways:
  • 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 Acquires 1,098 BTC Valued Over $100 Million

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.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YFI Edges Up 0.05% Despite a 7.82% Decline Over the Past Month

- YFI rose 0.05% in 24 hours on Nov 19, 2025, but fell 7.82% in a month and 45.71% annually. - The modest gain reflects cautious optimism amid sustained bearish trends and macroeconomic pressures. - Technical indicators show weak momentum, with analysts expecting consolidation unless a catalyst triggers a reversal. - YFI remains in a critical phase, requiring a breakout above key resistance to signal recovery.

Bitget-RWA2025/11/20 01:48
YFI Edges Up 0.05% Despite a 7.82% Decline Over the Past Month

Tech and Banks: South Korea's Stablecoin Regulations Ignite a Financial Transformation

- South Korea plans to ease stablecoin issuance rules, allowing non-financial firms to enter the market. - The policy shift aims to boost digital finance but faces bank resistance over market competition and regulatory risks. - Banks seek collaboration on compliance while tech firms push for innovation in AI-driven financial infrastructure. - Critics warn of banking sector instability, but proponents highlight growth potential in global digital currency trends. - Legislative approval is pending, with impli

Bitget-RWA2025/11/20 01:34
Tech and Banks: South Korea's Stablecoin Regulations Ignite a Financial Transformation

Ethereum News Update: BlackRock's Staked ETF Seeks to Transform Crypto Fluctuations into Consistent Returns

- BlackRock plans a staked Ethereum ETF to generate yield from crypto volatility, leveraging SEC's streamlined approval process. - The product combines price exposure with 3.95% annual staking rewards, competing with REX-Osprey and Grayscale's 2025 offerings. - Harvard's $442.8M investment in BlackRock's IBIT ETF highlights growing institutional trust in regulated crypto access. - Regulatory uncertainty remains as SEC's staking framework is untested, with potential legal challenges delaying approvals. - Th

Bitget-RWA2025/11/20 01:34
Ethereum News Update: BlackRock's Staked ETF Seeks to Transform Crypto Fluctuations into Consistent Returns

Farmers Struggle for Water Amid the Growth of AI Data Centers

- AI infrastructure's rising energy and water demands clash with agriculture's resource needs, straining global grids and water supplies. - U.S. farmers face higher costs as data centers drive up electricity prices and deplete water in drought-prone regions. - Initiatives like Honda's regenerative agriculture program and autonomous farming robots aim to mitigate resource conflicts through sustainability. - Policy responses, including U.S. farm relief plans and COP30 climate negotiations, highlight agricult

Bitget-RWA2025/11/20 01:20
Farmers Struggle for Water Amid the Growth of AI Data Centers