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El Salvador invests 100 million in Bitcoin, significantly drops tariffs in agreement with the United States.
El Salvador ( became the first country in the world to adopt Bitcoin as legal tender in September 2021. Despite opposition from the International Monetary Fund ) (IMF), President Nayib Bukele announced that over the past week, he invested $101 million to buy the dip on 1,098 Bitcoins, increasing the country's Bitcoin holdings to 7,474.37 coins, worth $688 million.
Hooah! pic.twitter.com/KxMVbUrcGE
— Nayib Bukele (@nayibbukele) November 18, 2025
El Salvador's Bitcoin strategy faces strong opposition from the IMF.
El Salvador became the first country in the world to adopt Bitcoin as legal tender in September 2021, facing strong opposition from the IMF, citing risks to financial stability and integrity. The IMF has repeatedly called for El Salvador to strengthen its regulatory framework and oversight of the national Bitcoin ecosystem.
At the end of last year, El Salvador reached an agreement with the IMF on a $1.4 billion loan plan, which will also facilitate additional financial support from the World Bank, the Inter-American Development Bank, and other regional development banks, with a total financing plan exceeding $3.5 billion during the entire program. The condition is that El Salvador must make significant adjustments to its Bitcoin strategy.
Investing 100 million to increase Bitcoin holdings, with a position value of nearly 700 million USD.
However, a promise is a promise. Since the loan has been received, El Salvador seems to continue its Bitcoin dollar-cost averaging plan. President Nayib Bukele announced El Salvador's “national wallet” last March, indicating that he would invest 1 Bitcoin daily. In September, coinciding with the anniversary, he further purchased 21 Bitcoins to celebrate.
In addition, after investing $101 million to buy the dip on 1,098 Bitcoins last week, El Salvador has increased its Bitcoin holdings to 7,474.37 coins, worth $688 million.
Signing a trade agreement with the U.S., fast food chain Steak ‘n Shake opens a branch.
In addition, U.S. President Trump has recently signed a strategic alliance agreement with countries like El Salvador to address voters' concerns about commodity prices, significantly reducing tariffs and establishing extensive cooperation with El Salvador.
The American fast-food chain Steak ‘n Shake plans to open its first Latin American restaurant in El Salvador, continuing its initiative announced in May to accept Bitcoin payments at all U.S. locations,
The El Salvador Bitcoin office also confirmed the opening plan of Steak ‘n Shake, emphasizing its Bitcoin-friendly strategy aligns with the local economy.
This article discusses how El Salvador invested 100 million USD to buy Bitcoin and reached an agreement with the United States to significantly reduce tariffs. It first appeared in Chain News ABMedia.