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 reserves.

Yesterday's report indicated that Salvadoran officials will accelerate the purchase of bitcoin as a strategic reserve, and the official bitcoin wallet Chivo will either be sold or discontinued due to a $1.4 billion loan agreement with the IMF, making bitcoin payments voluntary.