El Salvador reached a temporary agreement with the International Monetary Fund (IMF) this week, planning to obtain a loan of approximately $1.4 billion under the new arrangement of the IMF's medium-term loan mechanism. According to market data forwarded by Bitcoin Magazine, El Salvador has bought 25 BTC worth more than $2.4 million since obtaining the IMF loan.
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El Salvador has bought 25 BTC since receiving IMF loan
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