According to Odaily Planet Daily, on-chain data showed that about half an hour ago, the El Salvador wallet address increased its holdings by about 11 BTC, worth $1.06 million, for strategic Bitcoin reserves.
Earlier news said that El Salvador will accelerate the purchase of Bitcoin as a strategic reserve. The official Bitcoin wallet Chivo will be sold or discontinued because of a $1.4 billion loan agreement with the IMF, and Bitcoin payments will become voluntary.
