El Salvador has added 240 Bitcoin to its national reserves, reinforcing its pro-Bitcoin stance just before finalizing a major financial deal with the International Monetary Fund (IMF). The purchase, announced by President Nayib Bukele, brings the country’s total holdings to over 5,700 BTC.
The timing of the acquisition is notable, as El Salvador is in the final stages of securing a $1.4 billion agreement with the IMF. Despite criticism from traditional financial institutions, the government continues to treat Bitcoin as a long-term strategic asset.
President Bukele reaffirmed his administration’s commitment to Bitcoin as part of the nation’s broader economic vision, which includes promoting financial inclusion and digital innovation. The purchase was carried out via state-managed channels, in line with previous acquisitions.
El Salvador’s Bitcoin strategy remains closely watched by both the crypto industry and global financial bodies. As the first country to adopt Bitcoin as legal tender, its continued accumulation signals confidence in the digital currency despite global market volatility and ongoing international scrutiny.
