El Salvador has added 31 Bitcoin to its national reserve over the past 30 days, signaling that the Central American nation continues to accumulate BTC despite conditions attached to its International Monetary Fund loan agreement.
TLDR Keypoints
- El Salvador purchased 31 BTC over a 30-day period, continuing its state-led accumulation strategy.
- The country has maintained a near-daily Bitcoin buying pattern since adopting BTC as legal tender in 2021.
- Purchases persist even after El Salvador signed a $1.4 billion IMF deal in late 2024 that required scaling back mandatory Bitcoin acceptance.
El Salvador Bought 31 BTC Over the Last 30 Days
El Salvador’s government added 31 BTC to its sovereign holdings in the most recent 30-day window. The purchases follow the country’s established dollar-cost averaging approach, spreading buys across multiple days rather than making single large acquisitions.
El Salvador’s Bitcoin Office, the government body responsible for managing the national BTC reserve, publishes a live dashboard tracking the country’s holdings. The office has served as the public-facing record of El Salvador’s accumulation since President Nayib Bukele launched the Bitcoin strategy in September 2021.
The 31 BTC addition, while modest in absolute terms, reflects a consistent accumulation rhythm. At roughly one Bitcoin per day, the pace aligns with the purchasing pattern El Salvador has followed for over four years.
Buying Continues Despite IMF Agreement Conditions
The continued purchases are notable because El Salvador signed a $1.4 billion Extended Fund Facility with the IMF in December 2024. That agreement included a requirement for El Salvador to remove compulsory Bitcoin acceptance by both public and private sector entities.
In January 2025, El Salvador amended its Bitcoin legal tender law to make BTC acceptance voluntary rather than mandatory. Businesses and government offices are no longer required to accept Bitcoin as payment, a shift that brought the country into compliance with global regulatory expectations around cryptocurrency mandates.
However, the IMF conditions restricted the legal tender mandate, not the government’s ability to hold or purchase Bitcoin as a sovereign reserve asset. El Salvador’s strategy has effectively shifted from mass adoption enforcement to focused reserve accumulation.
A recent Infobae report noted that Bitcoin-based remittances represent only 0.75% of total remittances received in El Salvador, underscoring how the country’s Bitcoin engagement has narrowed from broad consumer use toward government-level treasury management.
Reserve Pace and What to Watch
At 31 BTC per 30 days, El Salvador’s implied annual accumulation rate is approximately 372 BTC per year. That figure assumes the current buying pace holds steady, which has broadly been the case since the program began.
El Salvador remains one of only a handful of nation-states that actively purchase and hold Bitcoin as a sovereign reserve asset. As institutional exposure to digital assets expands through new financial products, sovereign-level accumulation strategies like El Salvador’s offer a distinct model of long-term BTC positioning.
The Bitcoin Office’s public dashboard allows anyone to monitor future additions in real time. The next key date to watch is the upcoming IMF review of El Salvador’s compliance with the Extended Fund Facility terms, which could shape the next phase of the country’s Bitcoin reserve strategy.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.