[El Salvador's Bitcoin Reserves Increase to 7,762 BTC, Valued at Approximately $598 Million] Odaily Planet Daily News: The government of El Salvador added 1 Bitcoin to its national Bitcoin reserves this week, bringing the total holdings to 7,762 BTC. Based on a Bitcoin price of approximately $77,000, the total value of these holdings is around $598 million. The International Monetary Fund (IMF) previously required El Salvador to cease public sector Bitcoin purchases and make merchant acceptance of Bitcoin voluntary as part of a $1.4 billion financing agreement. Related legal amendments revoked Bitcoin's status as legal tender but did not terminate the policy of increasing reserves. El Salvador became the first country to adopt Bitcoin as legal tender in 2021 and has continued its policy of purchasing 1 Bitcoin daily. From January to April this year, the government has added over 1,600 BTC to its reserves. (Bitcoin.com News)