**News Flash: El Salvador's Bitcoin Holdings Surge**

El Salvador has bolstered its Bitcoin reserves, now holding over 6,000 BTC, worth approximately $569.3 million. This move solidifies Bitcoin's role as a key treasury asset for President Nayib Bukele's administration. The nation, which made Bitcoin legal tender in 2021, ranks sixth globally in Bitcoin holdings among countries.

Despite the IMF's concerns over Bitcoin's risks, El Salvador continues its strategy, purchasing Bitcoin regularly. The country's Bitcoin Office states that selling these holdings isn't on the agenda, while the Chivo wallet may be phased out in favor of private-sector options.