On October 13, President Nayib Bukele signed a 2.9 billion dollar investment agreement with Spaniard Enrique Riquelme, the largest in El Salvador’s history, representing approximately 7% of GDP. The deal focuses on natural gas infrastructure, drinking water, battery storage and solar panels, with no bitcoin component. El Salvador’s reserve of roughly 7,800 BTC is worth about 655 million dollars, four times less than this investment. The country nevertheless continues adding one bitcoin per day to its reserves, while the IMF validated a 138 million dollar disbursement on October 1 as part of its 1.4 billion program signed in February 2025.
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