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El Salvador's Finance Minister: No More Bitcoin Purchases Since February

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Jul 20, 2025

El Salvador's Minister of Finance and Central Bank Governor confirmed to the International Monetary Fund (IMF) that the government has not purchased any further Bitcoin since signing the financing agreement in February 2025. The existing amount of Bitcoin remains unchanged, and the relevant wallet addresses have been provided to the IMF for monitoring. This statement contradicts President Bukele's public declaration of "purchasing 1 Bitcoin per day." The IMF stated that the increase in the Bitcoin balance only reflects internal consolidation and does not violate the financing agreement. [The Block]

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