The amount of BTC purchased by El Salvador after its "Promise Not to Buy Bitcoin from the IMF" has been revealed!

El Salvador has continued to make daily BTC purchases, acquiring 240 new Bitcoins since December 2024, despite the agreement with the International Monetary Fund (IMF) stating that "no further Bitcoin purchases will be made". The total amount of Bitcoin in the country's treasury has thus reached 6,209.

El Salvador, the first country in the world to recognize Bitcoin as legal tender, had reached a $1.4 billion loan agreement with the IMF in December 2024. The agreement required the removal of Bitcoin's official currency status and the government to halt Bitcoin purchases.

However, the "buy out one Bitcoin every day" strategy initiated by President Nayib Bukele in 2022 continues. According to the statement from the El Salvador Bitcoin Office, a total of 240 more Bitcoins have been acquired since December 19, 2024, following the ( IMF agreement ). When calculated at approximately $106,658 each, these acquisitions exceed a value of $25 million.

Rodrigo Valdes, Director of the IMF's Western Hemisphere Department, stated at a press conference held on April 26, 2025, that the country is technically still in compliance with the agreement: "El Salvador remains committed to not increasing its Bitcoin assets within the financial sector."

Blockchain consultant Anndy Lian attributed this situation to the IMF's flexible interpretation: "The IMF's flexible interpretation regarding the agreement may enable these purchases to be made through non-public institutions or with reclassified assets, thus allowing for technical compliance."

*It is not investment advice.

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