El Salvador Purchases 1,000+ BTC as Prices Fall Below $90K
El Salvador has added more than 1,000 BTC—valued at nearly $100 million—to its national bitcoin treasury amid a market pullback below $90,000.
The country’s total bitcoin holdings now stand at roughly 7,500 BTC, accumulated through a daily one-BTC purchase program that continues despite IMF guidance cautioning against further public sector acquisitions. Authorities have reiterated that the buying plan will continue uninterrupted.
The latest purchase comes alongside closer coordination with U.S. officials on digital asset oversight, including a June meeting between President Nayib Bukele and White House crypto adviser Bo Hines.
Bitcoin’s decline persisted during Asian trading hours, reflecting weakening risk sentiment across global markets.
