El Salvador Expands Bitcoin Reserve with Fresh Purchase
El Salvador adds more BTC to its strategic reserve, reinforcing its long-term crypto-first policy under President Bukele.
- El Salvador made a new Bitcoin purchase today for its strategic reserve.
- The country now holds over 6,200 BTC in its national reserve.
- Purchase continues despite IMF restrictions and mixed public sentiment.
Continued Accumulation for Strategic Reserve
El Salvador has once again boosted its Bitcoin holdings with a fresh purchase, adding to its growing strategic reserve. This move aligns with the government’s ongoing commitment to Bitcoin, reaffirmed repeatedly by President Nayib Bukele, who has positioned the country as a pioneer in sovereign crypto adoption.
Despite international scrutiny, El Salvador continues to acquire Bitcoin on a regular basis, underscoring its belief in the asset’s long-term value.
Bitcoin Reserve Status and Strategy
Currently, El Salvador’s official Bitcoin holdings exceed 6,200 BTC. Since late 2024, the nation has acquired around 240 BTC, staying consistent with its policy of regular purchases. President Bukele has stated that these acquisitions are being structured to comply with international financial agreements, particularly those made with the IMF.
The government insists these Bitcoin purchases are made via non-fiscal entities, ensuring that taxpayer funds aren’t directly involved.
Defying Global Pressure
President Bukele has made it clear that El Salvador’s Bitcoin strategy will continue regardless of external opinions. Although recent IMF negotiations prompted the government to scale back on mandatory BTC use for taxes and payments, the broader reserve strategy remains intact.
This purchase sends a strong message: El Salvador sees Bitcoin as a key part of its national financial framework, aiming to hold it long-term as a hedge and strategic asset.
Alt Texts for Article Images
- “El Salvador national Bitcoin reserve wallet displaying total BTC holdings”
- “President Bukele announces continued Bitcoin purchases at official briefing”
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