El Salvador marked the fourth anniversary of its Bitcoin Law by purchasing 21 BTC, increasing its sovereign reserves to 6,313.18 BTC—valued at about $701 million—continuing a buy-and-hold strategy despite IMF conditions limiting further accumulation.
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21 BTC purchase on anniversary: symbolic and strategic.
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Nation holds 6,313.18 BTC, dashboard updated with redistributed addresses.
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Government purchases began in 2021; IMF agreement restricts voluntary accumulation.
El Salvador Bitcoin purchase: 21 BTC boost to reserves; learn how holdings reached 6,313.18 BTC and what it means for IMF compliance — read the full breakdown.
Published: 2025-09-08 · Updated: 2025-09-08 · Author: COINOTAG
What is El Salvador’s latest Bitcoin purchase and why does it matter?
El Salvador’s Bitcoin purchase of 21 BTC on the fourth anniversary of its Bitcoin Law is both symbolic and material: it raises national holdings to 6,313.18 BTC, valued at roughly $701 million, reinforcing the country’s reserve-building approach amid ongoing IMF scrutiny.
How many bitcoins does El Salvador now hold and what is their value?
Government figures and on-chain data show El Salvador holds 6,313.18 BTC. At current market prices, these holdings are valued at about $701 million. An IMF report estimated purchases since 2021 near $300 million, producing over $400 million in unrealized gains at prevailing prices.
Why did the government buy 21 BTC on the anniversary?
The 21 BTC purchase is a symbolic nod to Bitcoin’s 21 million supply cap and signals continuity in the government’s reserve strategy. Officials say continued accumulation reflects a long-term approach to national reserves despite conditionalities in international financing agreements.
How has El Salvador’s Bitcoin strategy interacted with IMF conditions?
El Salvador’s ongoing purchases complicate compliance with a December Extended Fund Facility that requires halting voluntary accumulation. The IMF has required freezing new acquisitions, liquidation of the Fidebitcoin trust, and a government exit from the Chivo wallet program as part of the reform package.
What operational changes has the National Bitcoin Office implemented?
Late last month the National Bitcoin Office redistributed holdings across multiple addresses with a ~500 BTC cap per address, citing quantum-computing risk mitigation. The office published a public dashboard listing the new addresses to improve transparency.
Frequently Asked Questions
How did El Salvador reach 6,313.18 BTC?
Since 2021 the government has made periodic purchases including a reported program of 1 BTC per day since March last year, plus milestone buys such as the 21 BTC anniversary purchase, aggregating to 6,313.18 BTC.
What are the IMF conditions related to El Salvador’s Bitcoin holdings?
The IMF required freezing voluntary public acquisitions, liquidation of the Fidebitcoin trust, and winding down of the Chivo wallet program as conditions under the Extended Fund Facility to address macroeconomic and transparency concerns.
Key Takeaways
- Symbolic purchase: 21 BTC marked the fourth anniversary and reinforced a reserve strategy.
- Current holdings: 6,313.18 BTC valued at about $701 million per government and blockchain data.
- IMF scrutiny: Purchases conflict with IMF conditions requiring halted accumulation; compliance reviews run through 2027.
Conclusion
El Salvador’s 21 BTC purchase underscores a continued national commitment to building sovereign Bitcoin reserves, now totaling 6,313.18 BTC (~$701M). The move balances symbolic messaging and reserve accumulation while maintaining public dashboard transparency, even as IMF conditions and compliance reviews shape future policy. Follow COINOTAG for updates.
