In recent years, the narratives in the crypto market have been continuously evolving, but few national-level initiatives have truly driven industry implementation. El Salvador's latest move is worth noting—they are bundling their Bitcoin strategy with AI industry development and have directly secured $1.4 billion in support from the IMF through innovative legal frameworks, which is rare among international financial institutions known for their conservative policies toward cryptocurrency-related initiatives.

To understand the logic behind this move, it is helpful to review El Salvador's Bitcoin exploration history. A few years ago, they became the first country in the world to adopt Bitcoin as legal tender, but the mandatory acceptance policy sparked considerable controversy. This time, they adjusted their approach—amending the law to make acceptance voluntary and pegging tax valuation to the US dollar. This seemingly minor policy adjustment addressed a core issue of international recognition, and it was this pragmatic attitude that won over the IMF.

The real highlight lies in the policy's industrial logic. El Salvador is located along the Pacific Ring of Fire, with abundant and renewable geothermal resources. Their goal is to build data center clusters powered by this clean energy, specifically for AI computation and crypto asset-related data processing. The accompanying tax exemption policies further reduce operational costs. For data centers, energy costs are often the largest expense, and the low-cost advantage of geothermal energy is vividly demonstrated here, which also explains why this plan has attracted the attention of international capital.