Particle.news

Download on the App Store

El Salvador Splits State Bitcoin Reserve Across 14 Addresses, Launches Public Dashboard

The IMF contests claims of continued daily buying, even as on-chain data shows roughly 6,286 BTC.

Overview

  • Authorities redistributed funds from a single public address to 14 new, unused addresses, with each capped at about 500 BTC to limit exposure once public keys are revealed.
  • The National Bitcoin Office framed the shift as a long-term custody upgrade against theoretical quantum-computing risks, referencing best-practice guidance for address reuse.
  • A government-run dashboard now displays aggregate balances, transactions, and the list of addresses to preserve public visibility after moving off a single address.
  • Arkham Intelligence tracks El Salvador’s holdings at about 6,286 BTC, valued near $686 million at recent prices cited in the reporting.
  • Decrypt reports the government says it continues buying 1 BTC per day, while the IMF maintains the loan program bars voluntary accumulation and describes recent activity as internal wallet transfers.