Key Highlights:
- El Salvador holds 6,181 BTC worth $644 million, ranking just behind the U.S., China, the UK, Ukraine, and Bhutan.
- The country’s holdings increased by $137 million in just one month.
- Despite IMF restrictions, El Salvador purchased an additional 30 BTC in the past 30 days.
- Interest in national crypto reserves is growing globally, with other countries exploring similar strategies.
Bitcoin Rally Boosts Gains
The recent Bitcoin rally pushed El Salvador’s crypto reserves to new highs. President Nayib Bukele shared a screenshot on Sunday showing the country’s BTC holdings surpassing $644 million after the addition of 30 new BTC.
Despite a slight drop to around $637 million, El Salvador’s National Bitcoin Office confirmed that the total value had grown by over $137 million in just one month.
This coincides with Bitcoin’s price approaching its all-time high, peaking at $106,500 before correcting to $103,172, according to CoinGecko.
The BTC price rally is driven by a mix of easing macroeconomic conditions, strong ETF inflows, and expectations that the Fed will maintain a flexible policy stance.
Bitfinex analysts explained.
Bitcoin Purchases Continue Despite IMF Pressure
In December, El Salvador secured a $1.4 billion loan from the IMF, with conditions to limit public sector exposure to crypto assets. Nevertheless, through its independent Bitcoin Office—operating outside the fiscal structure—the country continues buying one Bitcoin per day.
El Salvador complies with its commitment not to increase crypto holdings within the fiscal sector.
commented Rodrigo Valdes from the IMF.
A Long-Term Policy
Bukele has repeatedly asserted that the strategy will not be halted.
This will stop in April. It’ll stop in June. It’ll stop in December. No, it won’t stop.
he wrote on X in March.
The World Is Watching
Vedang Vatsa, co-founder of Hashtag Web3, noted that the profits are significant but emphasized the need for long-term stability and public inclusion:
These are bold economic ideas that require strategic implementation.
Financial gain is only part of the story.
According to BitcoinTreasuries.net, El Salvador ranks sixth in sovereign Bitcoin holdings—behind the U.S., China, the UK, Ukraine, and Bhutan.
Other Countries Are Preparing Too
Former Binance CEO Changpeng “CZ” Zhao shared that he is advising several governments pro bono on building national crypto reserves.
We’re talking with many countries,
CZ said.
We recommend wallet solutions and cold storage options for state-held digital assets.
Frequently Asked Questions
Find answers to the most common questions below.
El Salvador holds 6,181 BTC, with a total valuation of around $644 million as of the latest market rally.
Yes, El Salvador continues to buy 1 BTC per day through its National Bitcoin Office, which operates outside the country's fiscal structure.
According to BitcoinTreasuries.net, El Salvador ranks sixth in sovereign Bitcoin holdings, following the United States, China, the UK, Ukraine, and Bhutan.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds you are willing to lose and use your own research and risk management.
