El Salvador Keeps Buying Bitcoin Despite IMF Loan Terms
By abdelaziz Fathi
June 16, 2025
El Salvador is quietly adding to its Bitcoin reserves even after securing a $1.4 billion loan from the International Monetary Fund that discouraged further crypto accumulation.
According to the country’s Bitcoin Office, the government’s treasury wallet now holds 6,209 BTC — up by 240 coins since December 19, 2024, the day the IMF deal was finalized. President Nayib Bukele’s one-Bitcoin-a-day strategy, launched in 2022, appears to be continuing despite the loan’s formal restrictions.
The IMF agreement required El Salvador to remove Bitcoin’s legal tender status and halt public purchases. Yet so far, the country remains onside — at least technically.
“El Salvador continues to comply with their commitment of non-accumulation of Bitcoin by the overall fiscal sector,” said Rodrigo Valdes, the IMF’s Western Hemisphere director, during an April 26 briefing.
More:
https://financefeeds.com/el-salvador-keeps-buying-bitcoin-despite-imf-loan-terms/
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