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El Salvador has not applied public funds to accumulate bitcoin since June 2025, IMF confirms

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El Salvador has not used public funds to accumulate bitcoin since June 2025, according to the International Monetary Fund, which said the country provided documentation showing that accumulation since then reflected private donations.

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Summary

The disclosure came as IMF staff reached a deal with Salvadoran authorities on the combined second and third reviews of the country’s 40-month Extended Fund Facility program. Last year, the IMF said it would work to ensure the government’s bitcoin holdings remained unchanged as part of the program. President Nayib Bukele's government nevertheless added 8 BTC shortly after that May announcement, taking its holdings to 6,190.18 BTC, according to the country’s Bitcoin Office at the time. Months later in November, the country disclosed a 1,090 BTC purchase, worth about $100 million.

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