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El Salvador Marks Bitcoin Day With 21-BTC Buy as Treasury Tops $701 Million

The symbolic purchase underscores a continuing clash with IMF loan terms that require a halt to public Bitcoin accumulation.

4 years on, El Salvador’s Bitcoin dream isn’t dead - It just looks different
El Salvado scrutinized by IMF
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Overview

  • President Nayib Bukele confirmed the buy of 21 BTC on Sept. 7 to mark the law’s fourth anniversary, a nod to Bitcoin’s 21 million supply cap.
  • Government figures show national holdings at 6,313.18 BTC worth about $701 million, placing El Salvador among the largest sovereign Bitcoin holders.
  • IMF officials say El Salvador committed to freezing voluntary public-sector purchases under a $1.4 billion program and have characterized recent wallet activity as internal transfers rather than new market buys.
  • The Bitcoin Office maintains a roughly 1-BTC-per-day strategy and recently split reserves across multiple addresses with a public dashboard, citing security and custody concerns including potential quantum risks.
  • Separately, the Central Reserve Bank disclosed a purchase of 13,999 troy ounces of gold for $207.4 million, its first precious-metals acquisition since 1990 as part of reserve diversification.