- El Salvador recovered 5 other Bitcoins on March 10, 2025.
- The country’s Bitcoin Treasury holds more than 6,111 BTC.
- El Salvador recently agreed to stop Bitcoin purchases to secure a $ 1.4 billion loan from the IMF.
On March 10, 2025, El Salvador added 5 more Bitcoins to its strategic reserve, carrying a total of 6,111 BTC. This step came to the middle of the pressure from the IMF to where El Salvador agreed to restore Bitcoin’s status as a legal soft in the country and restore Bitcoin purchases.
El Salvador produces titles through the ever -increasing Bitcoin reserves despite pressures from the International Monetary Fund (IMF) to measure cryptocurrency initiatives.
El Salvador raised the Bitcoin reserve that destroys the IMF deal
In December 2024, El Salvador gained $ 1.4 billion loan from the IMF. The deal was that it was finalized on February 26, 2025, after it was up to change its Bitcoin policies. The country needs the country to voluntarily accept Bitcoin for private businesses, restrict public sector involvement in Bitcoin-related activities, and ensure that taxes are only paid to the US dollar.
The IMF also said that the government should not accumulate additional bitcoin at the public sector level, a condition aimed at alleviating financial risks. In addition, the government is expected to release the Chivo wallet, a digital digital purse launched in 2021 to promote the use of Bitcoin, and enhance the transparency and regulation of digital assets.
Despite these concessions, El Salvador has continued to strengthen Bitcoin’s handling. The National Bitcoin Office recently reported purchases like 11 Bitcoins on January 19, 2025, for more than $ 1 million, followed by another Bitcoin the next day, which brought a total reserve to 6,044 BTC – appreciated by more than $ 617 million in time.
Most recently -only, between late February and early March 2025, the country added at least 12 more Bitcoins, pushing its holdings above 6,102 coins, worth about $ 550 million. These purchases appear to be aligned with President Nayib Buklele’s vision of maintaining Bitcoin as a strategic reserve, a policy he has been leading since El Salvador became the first country to adopt a legal tender in September 2021.
WHT is IMF doing nothing?
The IMF has recognized that El Salvador’s recent Bitcoin acquisition is “in accordance with the agreed condition of the program,” suggesting some flexibility in how restrictions are interpreted.
This may indicate that the government manages its reserves through mechanisms that are not considered “accumulation” under IMF terms, such as reclassifying existing properties or use of non-public sector entities. However, the IMF’s bearing remains stable: by December 2025, El Salvador must fully comply with the cessation of public sectors of Bitcoin and mining, the Fidebitcoin Trust Fund is liquid, and provide audit financial statements for Chivo.
El Salvador’s perseverance in expanding its Bitcoin reserve – is now worth significant income, with estimates of $ 179 million until January 2025 – highlights are a broader approach.
Buklele emphasized that these holders are a long -term investment, not intended for short -term expenditure, and have taught benefits such as increasing tourism and international attention.
Bitcoin’s climbing price, which rushed above $ 109,000 in January 2025, strengthened this procedure, which aligned with global trends of cryptocurrency enthusiasm, partly fueled by the pro-crypto rhetoric of President-presidential president Donald Trump.
However, domestic adoption remains a challenge. Surveys, such as one from January 2025 of the Universidad Centroamericana, indicate that 92% of Salvadadans did not use Bitcoin in 2024, suggesting policy impact was more symbolic and strategic than practical for sunny transactions. Critics argue that the IMF deal has turned away from El Salvador’s crypto ambitions, as supporters see it as a pragmatic compromise that maintains Bitcoin’s legal status while opening up to $ 3.5 billion in multilateral funding.
Also Read: America has established Strategic Bitcoin Reserve
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