El Salvador announces that it will continue purchasing Bitcoin ($BTC) Every day, increases the national Bitcoin reserve to 7,696 $BTC Worth approximately $460 million. However, the International Monetary Fund (IMF) said there have been no new net purchases of Bitcoin by the government since early 2025, citing the terms of the country’s $1.4 billion bailout that prohibit voluntary acquisition by the public sector.
El Salvador insists on daily Bitcoin purchases, but IMF demurs
President Nayib Boukre’s government is pushing the purchase theory $BTC It’s a day to continue building your strategic Bitcoin reserves. As of June 28, 2026, there are approximately 7,696 people living in El Salvador, according to official tracking. $BTCworth approximately $460 million.
This figure represents an increase from approximately 5,968; $BTC The IMF claims there were no net new market acquisitions at the start of the IMF program at the end of 2024. Rather, this increase reflects the strengthening of the country’s existing finances. $BTC Spread across multiple government-controlled wallets, consisting of remittances from entities such as BANDESAL.
IMF loans impose strict zero limits $BTC Purchased items
In February 2025, the IMF approved a $1.4 billion Extended Fund Facility (EFF) for El Salvador. This includes ongoing quantitative performance standards that set strict limits on voluntary funding. $BTC Public sector purchases. According to the agreement, the government and all public bodies will not be allowed to make new purchases. $BTC During the program period.
This Agreement also prohibits any issuance or endorsement. $BTC– Name or $BTC– Indexed public debt. These are binding conditions associated with IMF loan disbursements and therefore conditions that must be met to maintain access to program financing.
In addition to purchase limits, the EFF seeks greater transparency by requiring regular updates. $BTC Addresses and balances of wallets held by the public sector. It also requires the liquidation of the Fidebitcoin trust, the reduction of public involvement in the Chivo wallet, and the publication of audited financial statements. $BTCEntities related to.
What’s next for El Salvador’s Bitcoin strategy?
of el salvador $BTC This strategy currently operates at the intersection of domestic political priorities and the Fund’s obligations. Ahead of the next EFF review, despite Bukele’s pro-Bitcoin stance, he will need to demonstrate compliance with the zero-cap rule on public purchases of Bitcoin. Violations may result in delayed payments, triggering corrective actions under the program, and will result in increased oversight.
Politically, the “Bitcoin Nation” brand remains a strong asset for Bukele, maintaining global attention and domestic support. But maintaining financial stability may require deeper integration. $BTC Entry into tourism, remittances and technology sectors.
Therefore, without new purchases, future growth will depend on price increases, internal optimization, and potential off-market acquisitions. In the longer term, the country may explore private sector partnerships, tokenized products under IMF restrictions, and gradual diversification to balance risks.
Related: El Salvador: $1.4 billion IMF agreement, 6,154 $BTC In preparation
