El Salvador Gets $138M From IMF, but Bitcoin Buying Stays Off the Table
• IMF disbursed $138M from a $1.4B, 40-month facility despite missed Bitcoin accumulation targets
• It says no further purchases are envisaged beyond documented donations
• Control of the Chivo wallet moved mostly to private operators; the reserve is valued near $666M
The IMF is tolerating the reserve, not endorsing it. That is a clear signal sovereign Bitcoin accumulation is a hard sell to multilateral lenders. Not financial advice, DYOR.
$BTC
• IMF disbursed $138M from a $1.4B, 40-month facility despite missed Bitcoin accumulation targets
• It says no further purchases are envisaged beyond documented donations
• Control of the Chivo wallet moved mostly to private operators; the reserve is valued near $666M
The IMF is tolerating the reserve, not endorsing it. That is a clear signal sovereign Bitcoin accumulation is a hard sell to multilateral lenders. Not financial advice, DYOR.
$BTC
