El Salvador takes action again! On-chain data shows that the country's wallet address has just increased its holdings by about 11 bitcoins, worth approximately 1.06 million dollars. 💰 This increase is part of El Salvador's strategic bitcoin reserve plan. Previously, El Salvador announced that it would accelerate the purchase of bitcoins, indicating that they are confident in the future of bitcoin! 🌟

Meanwhile, the official El Salvador bitcoin wallet Chivo may face the fate of being sold or discontinued, which is related to their $1.4 billion loan agreement with the International Monetary Fund. Bitcoin payments will be voluntary, meaning that El Salvador's strategy on bitcoin application is being adjusted. 🔄

Overall, despite the tightening of global regulations on cryptocurrencies, El Salvador remains steadfast in its optimism about the potential of bitcoin! 🚀