El Salvador continues to actively accumulate Bitcoin, raising its reserves to 6165 BTC. This strategy is garnering attention, especially under pressure from the International Monetary Fund (IMF).
Ongoing Bitcoin Accumulation
Recent data shows that El Salvador has increased its Bitcoin reserves to 6165.18 BTC after purchasing 1 BTC on May 2, 2025. This purchase confirms the country's policy of acquiring one Bitcoin each day. The official treasury website, bitcoin.gob.sv, reflects this steady increase.
Strategic Intent and Ministerial Statements
In recent weeks, El Salvador acquired 8 BTC, equating to approximately $777,592. Economy Minister María Luisa Hayem reaffirmed the government's commitment to Bitcoin accumulation. In a Bloomberg interview, she stated, 'Bitcoin remains an important project,' contradicting IMF claims that the country halted BTC purchases.
Discrepancies Between IMF Terms and Current Strategy
Despite recent commitments to the IMF to scale back Bitcoin initiatives, actual data portrays a different picture. The ongoing purchases may indicate a strategic workaround, suggesting that the nation could be technically complying with the IMF while still accumulating Bitcoin.
El Salvador's strategy to accumulate Bitcoin, even under IMF pressure, highlights the conflicting aspects between domestic economic interests and international financial obligations.
