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El Salvador defies IMF, ramps up Bitcoin strategy with latest purchase of $1M BTC
- El Salvador's National Bitcoin Office announced the purchase of 11 BTC for about $1 million.
- El Salvador now holds a total of 5,980.77 BTC, valued at around $585.8 million.
- Despite IMF-imposed conditions, El Salvador plans to increase its Bitcoin purchases.
- Bitcoin remains legal tender in the country, with plans to expand Bitcoin-related programs and initiatives.
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