Here’s the current breakdown of El Salvador’s Bitcoin holdings and its broader strategy:
---
📊 What’s Happening with El Salvador’s Bitcoin?
New Purchase
On July 24, 2025, El Salvador's National Bitcoin Office announced the acquisition of 8 BTC (≈ $948,000 at $740 million) .
Ongoing Skepticism from the IMF
The International Monetary Fund has publicly disputed these as new purchases, asserting instead that they reflect internal transfers between government-controlled wallets—not fresh market transactions—creating the appearance of growth where none exists .
Official vs External Numbers
Government figures (via Bitcoin Office) show 6,250.18 BTC as of today; external sources such as BitcoinTreasuries report 6,248 BTC .
Strategic Pivot Under IMF Constraints
In July 2025, El Salvador formally revised its BTC strategy to prioritize state treasury accumulation over public adoption. Bitcoin remains legal tender, but is now accepted on a voluntary basis, rather than being mandated .