After securing a deal with the International Monetary Fund (IMF), El Salvador restarted Bitcoin acquisitions, adding $1 million worth of Bitcoin in December 2024 and another $1 million in February 2025.
Resuming Bitcoin Purchases
El Salvador has resumed Bitcoin purchases following an IMF agreement, which provided the country with $1.4 billion. As of February 2025, the country's Bitcoin reserve is 6,068 BTC, valued at approximately $6 billion.
Reasons for Purchase Hold
Since February 4th, 2025, El Salvador has temporarily paused Bitcoin purchases. Possible reasons include market uncertainty, a desire to retain current reserves, and potential IMF restrictions, which have influenced other countries to limit pro-crypto policies.
Bitcoin as a Strategic Asset
Under President Nayib Bukele's leadership, Bitcoin remains a strategic asset for El Salvador. Despite the current pause, experts predict the country may resume purchases, given forecasts of Bitcoin's price reaching $150k–$250k by the end of 2025.
El Salvador continues to see Bitcoin as a vital part of its economic strategy. With significant gains associated with Bitcoin, the country is unlikely to abandon its cryptocurrency investments.
