While many countries remain cautious with digital assets, El Salvador quietly accumulates Bitcoin daily, raising the total reserve value to over 644 million USD, an increase of up to 137 million USD in just one month. Despite the constraints from the IMF loan, this small Central American country is showing that their long-term crypto investment strategy is not as "crazy" as it was once criticized.



Persistent accumulation, impressive profits


The president recently shared a snapshot of the country's Bitcoin portfolio value, peaking at over 644 million USD, thanks to the purchase of an additional 30 BTC last month. As of now, El Salvador holds 6,181 BTC, ranking 6th globally on the list of countries with the most Bitcoin holdings – just behind the USA, China, UK, Ukraine, and Bhutan.


Although the 1.4 billion USD loan from the IMF once required El Salvador to reduce public sector involvement in crypto, the government continues its "one Bitcoin a day" policy through the National Bitcoin Office – a unit not under traditional fiscal control, thus not violating commitments to the IMF.



Bitcoin price surges, giving a boost to a small nation


The increase in the value of Bitcoin reserves coincides with the time when it approached the historical peak last weekend, reaching a milestone of 106,500 USD before stabilizing around 103,000 USD. According to analysts, this upward momentum comes from:



  • Strong cash flow into Bitcoin spot ETFs in the US



  • Expectations for the Fed to maintain flexible monetary policy



  • Weakening US economic signals support risky assets like crypto




President Bukele also dismissed speculation that his Bitcoin strategy would come to an end. "April stop. June stop. December stop. No, we are not stopping," he declared on platform X in March.



A lesson for other countries?


El Salvador is not alone. The USA, Bhutan, and several other countries are also considering establishing national crypto reserves, indicating a global trend in digital assets. Even CZ (Changpeng Zhao) – former CEO of Binance – revealed that he is providing free advice to many governments on how to build infrastructure for storing digital assets like cold wallets and national security solutions.


However, experts warn that profit is not everything. According to Vedang Vatsa (Hashtag Web3), a crypto strategy only achieves sustainable effectiveness when there is social consensus and a clear long-term plan. El Salvador's continued adherence to the IMF's conditions also indicates that they are taking a "cautious and gradual" approach.



El Salvador's refusal to abandon Bitcoin – even under pressure from international financial organizations – is evidence that crypto is increasingly viewed as a strategic asset. However, individual investors need to remember: the cryptocurrency market is still highly volatile and not suitable for everyone. Invest responsibly and always assess risks before taking action.