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El Salvador Stops Buying Bitcoin as per IMF Conditions

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by Giorgi Kostiuk

4 hours ago


El Salvador has ceased Bitcoin purchases in line with International Monetary Fund (IMF) agreements. The country's holdings remain at 6250 BTC, equating to approximately $740 million.

Halting Bitcoin Purchases

The government under President Nayib Bukele has stopped new Bitcoin acquisitions since February 2025. Official reports confirm that El Salvador's holdings have remained steady at 6250 BTC.

IMF Strategy and Requirements

The pause in Bitcoin acquisitions reflects the IMF's requirement for financial stability, impacting El Salvador's cryptocurrency strategy and aimed at stabilizing the economy. Central Bank President Douglas Pablo Rodríguez Fuentes confirmed that "the stock of Bitcoins held by the public sector remains unchanged" (IMF Article IV Report, July 15, 2025).

Cryptocurrency Prospects in the Country

The absence of new purchases may affect El Salvador's previous role in the Bitcoin market. However, the government is focused on ensuring long-term financial resilience. The emphasis on financial stability also reflects a broader trend observed globally where countries grapple with cryptocurrency volatility.

Given the IMF's requirements and changes in the strategic approach to cryptocurrencies, El Salvador remains under scrutiny as an example of a nation attempting to balance innovative policies with the need for economic stability.

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