El Salvador bought 21 Bitcoin on Bitcoin Day, bringing its total reserves to 6,313.18 BTC (about $702M). The symbolic purchase continues a one-Bitcoin-a-day accumulation strategy despite IMF loan conditions urging a halt to state-led buys.
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21 BTC added on Bitcoin Day
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Holdings now total 6,313.18 BTC, valued near $702 million at current prices.
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Accumulation continues despite IMF conditions; redistribution and security adjustments underway.
El Salvador Bitcoin purchase: 21 BTC added to reserves, total 6,313.18 BTC valued at $702M — read details and implications on reserves and IMF conditions.
El Salvador buys 21 Bitcoin on Bitcoin Day, raising holdings to 6,313 BTC worth $702M, despite IMF loan restrictions.
How many Bitcoin did El Salvador buy on Bitcoin Day?
El Salvador Bitcoin purchase added 21 BTC on the Bitcoin Law anniversary, increasing national reserves to 6,313.18 BTC. The transaction, reported by the government tracker, is largely symbolic and aligns with the country’s daily accumulation policy.
Why did El Salvador add 21 BTC despite IMF loan conditions?
Officials framed the 21 BTC buy as a commemorative move tied to the Bitcoin Law anniversary and the cryptocurrency’s 21 million supply cap. IMF loan terms have urged halting state-level purchases, but the government maintains daily accumulation while adjusting legal and operational frameworks to address lender concerns.
What does the latest purchase mean for El Salvador’s reserves and finances?
Front-loading the facts: total reserves now equal 6,313.18 BTC, estimated at roughly $702 million at prevailing market quotes. Government records and on-chain trackers show the balance increase; official data also indicate unrealized gains and periodic security redistributions of addresses.
How has El Salvador managed security and transparency since 2021?
Since adopting Bitcoin as legal tender, authorities redistributed holdings into multiple addresses capped near 500 BTC each to mitigate custody risks. A public dashboard tracks balances, and the Bitcoin Office cited potential quantum-threat mitigation as a reason for reallocation. Transparency remains constrained by limited independent audit access.
Frequently Asked Questions
How many BTC does El Salvador hold now?
El Salvador holds 6,313.18 BTC following the 21 BTC purchase, valued at about $702 million at current market prices. Official trackers corroborate the updated balance reported by government sources.
Is the Bitcoin purchase part of a regular plan?
Yes. The government follows a one-Bitcoin-per-day accumulation approach instituted after 2021, with occasional larger symbolic buys tied to anniversaries and public events.
Does the IMF allow these purchases?
The IMF has urged El Salvador to stop state-level Bitcoin buys as part of lending conditions. Loan agreements led to legal revisions making Bitcoin use voluntary and changes to state-managed programs, but purchases have continued.
Key Takeaways
- Continued accumulation: El Salvador added 21 BTC, maintaining the one-Bitcoin-a-day policy.
- Reserves scale: Holdings now total 6,313.18 BTC, approximately $702M in market value.
- Policy tension: Purchases persist despite IMF loan conditions and reforms to Bitcoin-related programs.
Conclusion
El Salvador’s 21 BTC purchase on Bitcoin Day reinforces its commitment to maintaining a national Bitcoin reserve while navigating IMF conditions and operational security upgrades. Watch for further disclosures from the Bitcoin Office and official trackers as the country balances treasury strategy and lender expectations.
Published: 2025-09-07 | Updated: 2025-09-08 | Author: COINOTAG
