EL SALVADOR IS STILL BUYING BTC, BUT THERE IS A CLEAR LIMIT
The El Salvador–IMF story has finally gained an important missing piece.
In February 2025, the IMF approved a roughly 1.4B USD program for El Salvador. In return, the government had to reduce its role in Bitcoin: businesses were no longer required to accept BTC, taxes were to be paid in USD, government involvement in the Chivo wallet had to be reduced, and public funds could not be used to purchase Bitcoin.
The controversial part was that El Salvador’s BTC holdings continued to rise.
The IMF has now confirmed one key detail: since June 27, 2025, El Salvador has not used public funds to purchase Bitcoin.
That explains how the country’s BTC holdings could keep increasing without necessarily contradicting the IMF agreement.
According to the reviewed documents, purchases after that date were funded by confirmed private contributions. However, the IMF has not disclosed the contributors’ identities, the total amount contributed, or the remaining balance.
El Salvador currently holds around 7,764 BTC, and the IMF does not require the country to dispose of its existing Bitcoin.
But there is an important limit: the IMF says El Salvador will not continue accumulating beyond the confirmed resources available.
So the story is not simply “El Salvador keeps buying BTC and is ignoring the IMF.” The key issue is where the purchasing resources come from and how much remains available.
The remaining balance is still unknown, meaning there is no clear way to determine how long the current daily BTC accumulation can continue.
The biggest question now is not whether El Salvador can keep buying BTC, but how long the confirmed resources can support its current accumulation pace.
Do you think El Salvador will stop accumulating BTC completely once those resources run out, or find another mechanism?
Please do your own research carefully before making any transactions (DYOR). $BTC $BNB $ASTER