El Salvador Bitcoin purchases stall, says IMF

El Salvador Bitcoin purchases

El Salvador is the smallest and most densely populated country in Central America, with around 6.3 million people living there. In recent IMF report, El Salvador Bitcoin purchases have stopped. This seems to go against the claims from President Bukele’s Bitcoin Office.

El Salvador Bitcoin purchases haven’t happened since February 2025. The IMF got a letter from top finance officials — central bank head and finance minister — saying public-sector Bitcoin holdings are “unchanged”. That means no new crypto buying in recent months.

But Bukele’s Bitcoin Office has claimed they’re buying one BTC a day. This mismatch shows a clear difference between official data and government messages.

Buying Bitcoin was a big deal when El Salvador adopted it as legal tender in 2021. In December 2024 the IMF put a stop to more purchases as part of a $1.4 billion loan deal signed. Under the deal, Salvadoran laws were changed so Bitcoin acceptance is now voluntary, and public agencies must limit involvement.

The IMF will keep watching to make sure El Salvador sticks to the loan rules. Meanwhile, Bukele’s office may keep saying they’re buying Bitcoin — but official records say they’re not.

Conclusion:

The story shows how government messages and real data can clash. It’ll be important to see which holds true: the daily-buy narrative from Bukele’s camp or the IMF-backed official figures.

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