$XRP El Salvador has not bought Bitcoin since February, according to a letter from the IMF

El Salvador has not purchased any new bitcoin since February 2025, according to a letter from the country's financial leaders included in a recent compliance report from the International Monetary Fund (IMF).

The statement seems to contradict public claims by President Nayib Bukele about daily BTC purchases.

Signed by the president of the Central Bank, Douglas Pablo Rodríguez Fuentes, and the Minister of Finance, Jerson Rogelio Posada Molina, the letter states that the government's bitcoin holdings have remained unchanged.

A supporting document states that the IMF has been given access to all government-owned wallets for monitoring purposes.

Since late 2022, Bukele's government has promoted its policy of buying one coin a day. The country's Bitcoin Office claims to have over 6200 BTC with transactions traceable to wallets linked to exchanges, according to blockchain analysis firm Arkham.

However, the IMF report suggests that these movements likely represent internal transfers rather than new purchases. "The increase in Bitcoin holdings in the Strategic Bitcoin Reserve Fund reflects the consolidation of Bitcoin in various government wallets"