El Salvador Confirms No New Bitcoin Purchases in 2025

El Salvador’s Finance Ministry and Central Bank President have verified to the IMF that no further Bitcoin acquisitions have occurred since February 2025.

The event is significant due to the cryptic discrepancy with President Bukele’s previous comments regarding daily Bitcoin buys, raising questions about policy transparency.

El Salvador Contradicts Bukele: No Bitcoin Buys Since February

In a statement to the International Monetary Fund (IMF), El Salvador confirmed no new Bitcoin acquisitions since February, contradicting President Bukele’s public assertions. The pronounced involvement of the country’s Minister of Finance and Central Bank President clarifies governmental Bitcoin strategies, ensuring compliance with the IMF agreement signed earlier this year.

This acknowledgment alters public perception and fiscal expectations, shifting focus to how El Salvador handles Bitcoin holdings. The IMF describes the revealed transactions merely as efforts in internal wallet consolidation and considers this compliant with the February 2025 agreement.

“We confirm to the IMF that no new Bitcoin purchases have been made since February 2025.” – Minister of Finance, El Salvador

Responses to this assertion include muted reactions from major industry figures and stakeholders. Though no significant remarks from key market influencers have been observed, some analysts question the potential long-term implications for investor trust and government transparency.

Bitcoin Policy Implications: Market and Public Trust at Stake

Did you know? Internal restructuring of cryptocurrency holdings can appear as new acquisitions but are simply realignments within existing designated wallets, affecting public perception of a country’s crypto policy.

Bitcoin’s current status reflects its pivotal place in El Salvador’s financial strategy, valued at $118,158.06 with a market cap of $2.35 trillion. CoinMarketCap reports a significant trading volume of $49.76 billion, marking a 19.4% decrease over 24 hours; a subtle yet consistent market shift noted. BTC’s dominance remains strong at 60.18% despite a recent 0.12% price drop in the past day.

Expert analysis from the Coincu research team suggests that El Salvador’s policy stance could stabilize market behaviors if transparency persists, bolstering investor confidence and international economic relations, especially with the IMF’s regulatory oversight in play.