El Salvador’s Bitcoin Stash Grows to 7,762 BTC Despite Imf Reservations

El Salvador’s national bitcoin reserve has moved to 7,762 BTC after the government added 8 BTC over the past seven days, confirming that its one-bitcoin-per-day purchase policy remains active even as the IMF pushes for limits on state bitcoin buying. The accumulation has continued despite a $1.4 billion IMF financing agreement that ended bitcoin’s legal-tender status but did not halt the treasury’s daily reserve additions. One Bitcoin Per Day: a Policy That Outlasted Imf Conditions Since El Salvador became the first country to make bitcoin legal tender in 2021, the government has followed a daily schedule of adding one bitcoin to its reserve regardless of price. The latest weekly addition lifts the publicly disclosed national total to 7,762 BTC. Officials have shown no sign of slowing the cadence, and the pattern remained intact through the policy changes tied to the IMF program. Reporting Stretch Coins Added to Reserve Official Stack Size Policy / Political Snapshot Last seven days 8 BTC 7,762 BTC Daily one-coin purchases continued despite IMF warnings January to April More than 1,600 BTC Not separately reported Buying ran through the period of IMF-backed reforms Since 2021 legal-tender rollout One BTC per calendar day 7,762 BTC Legal-tender status was later removed; reserve buying survived The IMF’s $1.4 billion financing agreement included explicit requests for El Salvador to confine public-sector bitcoin purchases and to make merchant acceptance of bitcoin voluntary. The government followed through on one part of the deal by passing a legislative amendment that rescinded bitcoin’s formal legal-tender status. The reserve-buying policy, however, was never part of that rollback. El Salvador has now kept its national stash growing for five years, through market swings, diplomatic friction, and a partial retreat from its original bitcoin legal-tender framework. The daily buys are one of the most visible pieces of a broader state bitcoin experiment, alongside the Chivo wallet built to encourage everyday use. Chivo’s rollout has been rocky, and legal-tender protections are gone, but the accumulation strategy has remained in place. Bukele Calls the Reserve a Long-term Position President Nayib Bukele has been blunt about why the government continues to add coins, describing El Salvador’s bitcoin reserve as a long-term position rather than a short-term trade. His administration has not attempted to time purchases around daily market swings or news events. Instead, officials have kept a fixed acquisition schedule, treating the total coin count as the key strategic result. That framing is central to El Salvador’s approach. The government is not trying to buy at a market bottom or pause at a local top; the daily purchase plan is designed so no single trading session’s price move alters the underlying strategy. The program functions as a sovereign-level form of dollar-cost averaging, with purchases made consistently no matter where bitcoin trades on any given day. A Sovereign Bitcoin Stack Worth Roughly $598 Million At a recent market price near $77,000 per bitcoin, El Salvador’s 7,762 BTC holdings would be worth approximately $598 million. That figure moves daily alongside cryptocurrency markets, and Bukele has made that volatility point repeatedly: the treasury’s focus is on building the number of coins held, not monitoring the short-term dollar value of the pile. A year ago, the same 7,762 BTC would have carried a considerably smaller paper value. A year from now, it could be worth more or less again depending on market conditions. Because the purchasing cadence is fixed at one coin per day, price fluctuations do not feed back into the reserve policy. With that disclosed total, El Salvador ranks among the largest sovereign bitcoin holders in the world. The country still trails only a small group of nations with much larger economies, putting its public-sector bitcoin position in an unusual category for a small Central American state. Imf Friction Remains a Defining Theme The IMF’s reservations have not disappeared. Critics point to the tension between El Salvador’s continued buying and the conditions attached to the IMF program as evidence that the bitcoin policy carries real diplomatic and financial cost. They argue the government’s refusal to fully pause purchases undermines the spirit of the arrangement. Supporters of the policy take the opposite view, arguing that a small nation gradually accumulating bitcoin on a fixed schedule is a patient national bet that may only look obvious in hindsight. Both sides continue to watch the reserve data closely, since the trend is clear: El Salvador’s national bitcoin holdings are still growing. The latest 8 BTC addition was not an isolated event. It follows a period from January to April during which the government added more than 1,600 coins. At the current one-per-day pace, the next purchase is expected within 24 hours, meaning the national reserve total is likely to keep climbing even as IMF pressure remains part of the broader story. How Much Bitcoin Does El Salvador Currently Hold? El Salvador’s national bitcoin reserve now stands at 7,762 BTC after the government added 8 BTC over the past seven days. The total continues to grow under the country’s one-bitcoin-per-day purchase policy. Why Is El Salvador Buying One Bitcoin Per Day? The government has followed a daily accumulation schedule since El Salvador made bitcoin legal tender in 2021. President Nayib Bukele has described the reserve as a long-term position, meaning official policy prioritizes the number of coins held over short-term market price movements. Did El Salvador End Bitcoin’s Legal-tender Status? Yes. Bitcoin’s formal legal-tender status was removed through a legislative amendment tied to the $1.4 billion IMF financing agreement. Merchant acceptance is now voluntary, but the government’s bitcoin reserve purchase policy was not included in that rollback. What Are the IMF’s Objections to El Salvador’s Bitcoin Purchases? The IMF asked El Salvador to confine public-sector bitcoin purchases and make merchant acceptance voluntary as part of its financing program. The government’s continued daily buying has kept the dispute visible and underscores the IMF’s broader concerns about sovereign exposure to cryptocurrency market volatility. How Much Is El Salvador’s Bitcoin Reserve Worth? At a bitcoin price near $77,000, El Salvador’s 7,762 BTC reserve is worth roughly $598 million. The figure changes with market conditions, and the government has not indicated that daily price swings will alter its accumulation plan.