One coin a day, for 900 days
As of October 2026, El Salvador holds approximately 7,808 BTC, worth about $638 million.
Critics say it "doesn't live up to its name": the IMF noted that the purchases since June 2025 came from private donations, involved no public funds, and expected no further additions after that. On October 1, 2026, the IMF completed its second and third reviews under the joint program and approved a disbursement of about $138 million after waiving the bitcoin-related provisions.
But the bears have misread the document.
The IMF didn't tell El Salvador to sell—only to stop buying, and it granted an exemption. Of the approximately 619,000 BTC held by governments worldwide, the vast majority were seized. El Salvador is the only sovereign nation actively and continuously buying on-chain. Bhutan is selling; the U.S. reserve is based on an executive order and could be reversed at any time; and the UAE simply entered through ETFs.
By comparison, what El Salvador is doing is simple: putting its commitment into law, publishing its address on-chain, and buying one coin a day—when prices rise and when they fall.
What it has proved is not that "a country can get rich on bitcoin," but that "a sovereign balance sheet can accommodate bitcoin without collapsing." That step is worth far more than the 7,808 coins themselves.
$NVDAB $BTC $ZEC #Anthropic拒绝延期IPO，本周路演估值几何？ #Zcash自9月以来首次跌破1000美元
As of October 2026, El Salvador holds approximately 7,808 BTC, worth about $638 million.
Critics say it "doesn't live up to its name": the IMF noted that the purchases since June 2025 came from private donations, involved no public funds, and expected no further additions after that. On October 1, 2026, the IMF completed its second and third reviews under the joint program and approved a disbursement of about $138 million after waiving the bitcoin-related provisions.
But the bears have misread the document.
The IMF didn't tell El Salvador to sell—only to stop buying, and it granted an exemption. Of the approximately 619,000 BTC held by governments worldwide, the vast majority were seized. El Salvador is the only sovereign nation actively and continuously buying on-chain. Bhutan is selling; the U.S. reserve is based on an executive order and could be reversed at any time; and the UAE simply entered through ETFs.
By comparison, what El Salvador is doing is simple: putting its commitment into law, publishing its address on-chain, and buying one coin a day—when prices rise and when they fall.
What it has proved is not that "a country can get rich on bitcoin," but that "a sovereign balance sheet can accommodate bitcoin without collapsing." That step is worth far more than the 7,808 coins themselves.
$NVDAB $BTC $ZEC #Anthropic拒绝延期IPO，本周路演估值几何？ #Zcash自9月以来首次跌破1000美元
