- El Salvador pauses Bitcoin purchases amid IMF agreement.
- Government holdings stable at 6,244 BTC.
- Extended halt linked to financial reforms.
El Salvador has not purchased new Bitcoin since February 2025, contrary to some claims. IMF reports confirm holdings remain at approximately 6,244–6,246 BTC due to loan conditions and internal wallet consolidations, not fresh acquisitions.
President Nayib Bukele’s recent claims about El Salvador’s daily Bitcoin purchases have been contradicted by the IMF, which confirmed no new acquisitions since February 2025. The IMF states that Bitcoin holdings remain at approximately 6,244-6,246 BTC.
El Salvador’s decision to halt Bitcoin purchases is significant due to its potential long-term impact on national fiscal policy and international financial relations. Immediate market responses remain muted with current holdings unchanged.
In a bold move, El Salvador ceased its daily Bitcoin purchases following international pressure from the IMF. The central government maintains approximately 6,244-6,246 BTC in reserve, refuting earlier claims of continued buying.
“The stock of Bitcoins held by the public sector remains unchanged.” – Douglas Pablo Rodríguez Fuentes, Central Bank President, El Salvador: IMF Report (July 2025)
Nayib Bukele remains the central figure in El Salvador’s Bitcoin strategy, yet statements confirm no new public sector Bitcoin acquisitions. The halt aligns with terms of a $1.4 billion IMF Extended Fund Facility from December 2024.
Immediate repercussions include a stable national Bitcoin treasury. The IMF’s involvement highlights ongoing financial reforms and prompts a possible shift in El Salvador’s cryptocurrency policies. Social and political impacts largely depend on public reaction and market analysis.
Future financial and regulatory outcomes may develop as El Salvador works under IMF requirements. The fate of the Chivo wallet, now moving towards privatization, bears watching for additional insights into the government’s evolving cryptocurrency strategy.
Reactions from financial and regulatory stakeholders will be crucial in determining the success of upcoming reforms. Key voices like Douglas Rodríguez Fuentes emphasize the importance of transparency and accountability in public Bitcoin management, suggesting continued diplomatic negotiations.
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