According to Deep Tide TechFlow, as reported by The Block on July 20, El Salvador has not purchased any Bitcoin since reaching a financing agreement with the International Monetary Fund (IMF) in February 2025. This information comes from a letter signed by the President of the Central Bank of El Salvador and the Minister of Finance, which was released on July 15 as part of the IMF compliance report.
The report indicates that El Salvador's 'public sector holdings of Bitcoin remain unchanged', and the growth of the country's strategic Bitcoin reserve fund actually reflects the government's consolidation of Bitcoin from various wallets, rather than new purchases. This statement directly contradicts President Nayib Bukele and his Bitcoin office's previous claims of purchasing 1 Bitcoin daily.
Blockchain intelligence firm Arkham confirmed the daily transfer of 1 Bitcoin, primarily from addresses labeled as Binance or Bitfinex hot wallets. El Salvador's Bitcoin office claims the country holds approximately 6,242 Bitcoins, valued at around $737 million.
