El Salvador Doubles Down on Bitcoin Bet—Defies IMF Warnings and Market Skeptics

Nayib Bukele’s government just added another 500 BTC to its treasury—because when everyone zigs, El Salvador zags.

The unshakable HODL strategy

While traditional finance analysts hyperventilate over volatility, San Salvador keeps stacking sats like there’s no mañana. Their cold storage now holds ~3,200 BTC (~$200M at current prices).

Wall Street whispers ’reckless’—San Salvador shrugs

JPMorgan analysts call it "monetary Russian roulette." Local beachfront vendors now accept Lightning payments for pupusas. Guess which metric actually matters for daily life?

Fun fact: Their last purchase coincided with a 10% price dip. Either they’ve mastered tactical accumulation... or somebody’s got fat fingers on the buy button.

Stacy Herbert, director of the Bitcoin Office, confirmed that the country is committed to growing its Bitcoin strategic reserve, positioning itself as a crypto leader while much of the world lags behind.

Beyond Bitcoin, El Salvador is aggressively courting tech innovation. Stablecoin giant Tether recently moved its headquarters to the country, citing its pro-crypto regulations, and El Salvador has signed a letter of intent with NVIDIA to help build sovereign artificial intelligence infrastructure.

In the face of international scrutiny, El Salvador seems determined to chart its own path — blending Bitcoin accumulation with a push to become a regional tech powerhouse.