El Salvador has added eight bitcoins to his national reserves last week, pushing over 6,173. The government will continue its Bitcoin strategy, despite the strict conditions signed by the International Monetary Fund (IMF) at the end of 2024.
Currently national holdings is worth more than $ 641 million. The numbers were announced by El Salvador's Bitcoin office, which monitors and announces the purchases of the country's bitcoin. The government of President Nayib Buke wants to remain in Bitcoin's policy.
President Nayib Buke contributes to Bitcoin even bigger. Even with international setbacks and IMF advice, He demands The country's Bitcoin strategy does not return. On March 4, 2025 x, he wrote:
No, it doesn't stop. If it did not stop when the world rejected us and most bitcoiners abandoned us, it will not stop and it will not stop in the future.
President Nayib Buke
The Buke government has bought at least one bitcoin a day. It has lasted since the end of 2023 and has continued in numerous 2025. There are days when the government buys more than one BTC, depending on market prices and how much money is available.
Duys is conducted through the Bitcoin office, a special unit designed to deal with government crypto matters. This office is also customary to make routine media reports and post information about the El Salvador government Bitcoin stakes through website And social media.
IMF pressure to restrict El Salvador Bitcoin
In December 2024, El Salvador signed a $ 1.4 billion loan transaction with the International Monetary Fund (IMF), whose public policy aims to stabilize the economy, to promote foreign investment and to organize public debt. But the offer was not without strings.
The state agreed to stop Bitcoin as part of the technical understanding of the gathering of any voluntary public sector. This included activities such as buying and mining BTC. However, the contract explained that this restriction would be released by Bitcoin obtained through legal proceedings against confiscation, seizure, custody or similar individuals or companies.
The Memorandum of Understanding pointed out that the public sector covered all the hot and cold wallets under the control of the government -owned unit. Some of the listed units included Chivo purse, La Agencia administradoradora de fondos Bitcoin, Comidion ejecutiva Hidroelectrica del Rio Lempa and Oficina Nacional del Bitcoin.
In January 2025, El Salvador's legislators responded with 55-2 votes over the revocation of Bitcoin's legal right. Later the law was rejected; Bitcoin was still legal in the country, but it was no longer mandatory in transactions.
The alleviation of these strict regulations did not mean that the government closed the miracle of crypto. Bitcoin's purchases continued, and by March 2025, the IMF repeated its tips to stop buying a digital property for El Salvador. But President Nayib Buke was resisting, rejecting the IMF application.
This defiance has scared international economists and investors. El Salvador opens up for free financial risks, many believe. Even the IMF has warned that buying bitcoins with public money can make the country's fiscal prospects more volatile.
Bukeel expands Bitcoin stocks despite the IMF transaction
Buying an El Salvador bitcoin does not show signs of slowing. The central American people are the active acquisition of rare Bitcoin through open market operations. The leaders of the crypto industry believe that its national Bitcoin Treasury approach can be obtained to other countries exploring the ideas of strategic bitcoin reserves.
El Salvador is the only country in the world that takes real -time and every day for purchases in Bitcoin. Critics call the movement risky, while its supporters claim that it is a vision.
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