Odaily Planet Daily News On-chain data shows that at 8:07 AM Beijing time, a Salvadoran wallet address purchased 11 bitcoins worth $1.07 million for its strategic Bitcoin reserve. Yesterday's report indicated that the Salvadoran government will accelerate the purchase of Bitcoin as a strategic reserve, and the official Bitcoin wallet Chivo will be sold or discontinued due to a $1.4 billion loan agreement with the IMF, with Bitcoin payments becoming voluntary.