El Salvador takes action again! 11 more bitcoins added on-chain, strategic reserve layout becoming increasingly clear
On-chain data shows that half an hour ago, the official wallet address of El Salvador increased its holdings by approximately 11 bitcoins, with a total value of up to 1.06 million USD. This operation is not just a simple increase in holdings but reveals its firm confidence in the long-term strategy for bitcoin.
Underlying logic: Bitcoin deeply tied to national strategy
Recently, the El Salvador government announced that it would accelerate bitcoin procurement as an important component of its national strategic reserves. This decision is closely related to the recently signed $1.4 billion loan agreement with the International Monetary Fund (IMF). According to the agreement, the bitcoin payment model will shift from mandatory to voluntary, and the fate of the official bitcoin wallet Chivo is also under scrutiny — it may be sold or directly discontinued.
A strategic move for future economic layout
The adjustment of the bitcoin payment model and the potential transformation of the official wallet are clearly important steps for El Salvador to optimize its digital currency policy. By reducing operational burdens and investing more resources into reserve accumulation, El Salvador is preparing for future economic stability and adjustments in global monetary policy.
Strategic upgrade, step by step. What do you think El Salvador's next move will be? Share your thoughts in the comments! For more in-depth analysis, don't forget to follow us!
