IMF Confirms El Salvador’s Bitcoin Accumulation from Private Donations
- El Salvador’s Bitcoin accumulation post-June 2025 review was funded entirely by private donations, according to the IMF.
- The country holds approximately 7,764 Bitcoin, valued at around $628 million based on current prices.
- Majority ownership of the Chivo wallet has been transferred to a private operator, with the government retaining a minority stake.
- In November, El Salvador announced it had acquired an additional 1,090 BTC worth $100 million, raising compliance questions with its $1.4 billion IMF program.
- The IMF has stated that no further Bitcoin accumulation is expected beyond documented donations.
These developments clarify that El Salvador’s Bitcoin holdings have not been financed by public funds, addressing prior concerns regarding compliance with the IMF agreement. The government’s ongoing involvement in cryptocurrency continues to be scrutinized as it navigates its financial commitments and operational control of digital assets.
Currently valued at approximately $628 million, El Salvador’s stockpile of Bitcoin reflects growth attributed solely to private donations since June.(Source)
