El Salvador is advancing plans to sell its state-operated Chivo crypto wallet as part of negotiations with the International Monetary Fund, signaling a potential strategic pivot in the country’s pioneering Bitcoin adoption journey. This development comes amid ongoing discussions to secure international financing under a $1.4 billion IMF program, marking a critical juncture for the nation’s economic policy and its relationship with global financial institutions.
about El Salvador Nears Chivo Wallet Sale Amid IMF Bitcoin Strategy ShiftNayib Bukele
0 posts last weekEl Salvador Buys $100M Bitcoin Dip, Defying IMF
El Salvador has executed its largest single-day Bitcoin purchase since adopting the cryptocurrency as legal tender, acquiring approximately 1,090 BTC worth $100 million during a market downturn. President Nayib Bukele announced the transaction as Bitcoin prices fell below $90,000, marking a significant expansion of the country’s national reserves. The move comes despite ongoing tensions with the International Monetary Fund over the country’s Bitcoin accumulation strategy.
about El Salvador Buys $100M Bitcoin Dip, Defying IMFEl Salvador Buys 1,000 Bitcoin Amid Market Crash
El Salvador has dramatically expanded its Bitcoin holdings by purchasing over 1,000 BTC worth approximately $100 million during a recent market downturn. The acquisition marks the country’s largest single-day increase in Bitcoin reserves despite ongoing scrutiny from the International Monetary Fund. This move reinforces President Nayib Bukele’s commitment to building national cryptocurrency reserves regardless of market conditions.
about El Salvador Buys 1,000 Bitcoin Amid Market CrashEl Salvador Buys 1,000 Bitcoin Amid IMF Scrutiny
El Salvador has executed its largest single-day Bitcoin acquisition since beginning its cryptocurrency journey, purchasing 1,000 BTC worth approximately $100 million despite the digital asset trading near six-month lows. President Nayib Bukele’s announcement comes as the International Monetary Fund continues to question the nation’s cryptocurrency strategy, creating a stark contrast between national policy and international financial oversight. The purchase increases El Salvador’s total Bitcoin holdings to 7,500 BTC valued at $698 million, representing a 17% single-day increase in the country’s cryptocurrency reserves.
about El Salvador Buys 1,000 Bitcoin Amid IMF ScrutinyUK Mandatory Digital ID for Work Sparks Civil Liberty Fears
The UK government under Prime Minister Keir Starmer has unveiled plans to mandate digital IDs for all citizens and residents seeking employment by 2029, triggering immediate backlash from civil liberties groups and opposition parties. While promoted as a solution to illegal immigration and border control challenges, the proposal has drawn comparisons to Orwellian surveillance systems and sparked a petition exceeding 1.5 million signatures within 24 hours, highlighting deep concerns about privacy, data misuse, and the erosion of British civil liberties.
about UK Mandatory Digital ID for Work Sparks Civil Liberty FearsEl Salvador’s Bitcoin Buys: IMF Disputes Bukele’s Claims
Four years after adopting Bitcoin as legal tender, El Salvador faces a credibility crisis regarding its cryptocurrency purchases. President Bukele regularly announces new Bitcoin acquisitions, including claims of buying 1 BTC daily, while the IMF maintains that the country’s Bitcoin reserves haven’t actually grown since December 2024 under their agreement. Blockchain data shows wallets growing by approximately 1 Bitcoin daily, but analysts suggest these could be existing holdings being moved rather than new purchases. The lack of transparency from both the government and crypto exchanges makes it impossible to verify the timing or source of these transactions, raising concerns about potential wash trading and improper management of national resources.
about El Salvador's Bitcoin Buys: IMF Disputes Bukele's ClaimsEl Salvador Buys 21 BTC Despite IMF Restrictions
El Salvador celebrated the fourth anniversary of its groundbreaking Bitcoin Law by acquiring 21 BTC, maintaining its commitment to cryptocurrency despite IMF restrictions tied to a $1.4 billion loan. The country’s Bitcoin reserves now total 6,313 BTC worth over $702 million. While the IMF agreement required making BTC acquisitions voluntary and withdrawing from the government-run Chivo wallet program, El Salvador has continued its strategy of purchasing one BTC daily since March 2024. The government has also expanded Bitcoin infrastructure through education programs, with 80,000 public servants certified in Bitcoin literacy, and passed supportive banking legislation. President Bukele has consistently emphasized cryptocurrency as a core element of national strategy, even as the country meets IMF fiscal targets and receives disbursements under the loan program.
about El Salvador Buys 21 BTC Despite IMF RestrictionsEl Salvador Buys 21 BTC on Bitcoin Day, Treasury Hits $701M
El Salvador commemorated the fourth anniversary of Bitcoin’s adoption as legal tender by purchasing 21 BTC, increasing its national treasury to 6,313 BTC worth approximately $701 million. According to government data, the country has invested $300 million in Bitcoin acquisitions, resulting in an unrealized profit of over $400 million. The Bitcoin Office highlighted significant milestones achieved since 2021, including establishing the world’s first Strategic Bitcoin Reserve, launching developer programs, and training 80,000 public servants. However, the International Monetary Fund has raised transparency concerns, suggesting the growing Bitcoin balance may stem from internal asset reorganizations rather than daily purchases as claimed by Salvadoran officials.
about El Salvador Buys 21 BTC on Bitcoin Day, Treasury Hits $701MEl Salvador Buys 21 BTC, Defying IMF Loan Terms
El Salvador continues to expand its Bitcoin reserves despite violating terms of its IMF loan agreement. The country purchased 21 BTC on September 7th, symbolically referencing Bitcoin’s 21 million supply cap, bringing its total holdings to 6,313.18 BTC valued at approximately $701 million. This acquisition directly contradicts conditions of El Salvador’s $1.4 billion IMF Extended Fund Facility from December 2023, which mandated halting voluntary Bitcoin accumulation by public entities. The government has maintained its daily Bitcoin purchasing strategy since March 2023 while simultaneously implementing IMF-required reforms, including making merchant acceptance voluntary and planning to liquidate the Fidebitcoin trust. The IMF estimates El Salvador’s Bitcoin investments have generated over $400 million in unrealized gains, though limited transparency prevents independent verification. The nation remains under IMF compliance review through 2027, with future loan disbursements contingent on meeting agreement terms.
about El Salvador Buys 21 BTC, Defying IMF Loan TermsGold Hits $3,600 ATH: Why Everyone’s Buying
Gold’s remarkable rally to over $3,600 represents a new all-time high, fueled by cooling US labor markets, anticipated rate cuts, geopolitical tensions, and central bank diversification away from the dollar. El Salvador’s surprising $50 million gold purchase—its first in 35 years—has drawn criticism from Bitcoin proponents who see it as backtracking on the country’s crypto commitment. While gold enjoys unprecedented institutional demand from BRICS nations and central banks globally, the article highlights Bitcoin’s superior historical returns (11,000,000x since 2009 vs gold’s 4x) and functional advantages like portability and seizure resistance. The piece presents both assets as viable hedges but emphasizes Bitcoin’s exponential performance and technological edge over the traditional safe haven.
about Gold Hits $3,600 ATH: Why Everyone's BuyingEl Salvador’s $1B Bitcoin Bet: Bukele Teases Market
El Salvador’s President Nayib Bukele has drawn attention to rapidly evolving prediction market activity regarding the country’s Bitcoin reserves. On Kalshi’s prediction platform, the probability of El Salvador’s BTC holdings reaching $1 billion by November 2025 jumped from 20% to 38% in just one day. Bukele’s teasing social media post suggesting he ‘could do the funniest thing right now’ has market participants speculating about potential government actions that could accelerate this milestone. This development comes as El Salvador continues its unprecedented national Bitcoin adoption strategy, with the president actively engaging with market sentiment through public channels.
about El Salvador's $1B Bitcoin Bet: Bukele Teases MarketMicroStrategy & El Salvador Reap Huge Bitcoin Gains
MicroStrategy’s Bitcoin holdings have reached a record $77.2 billion, marking a 40-fold increase from its initial $2.1 billion investment in 2020. The firm now holds 628,946 BTC, translating to over $30 billion in paper profits. Meanwhile, El Salvador has seen its BTC investment grow to $768.85 million from $300.5 million, yielding a 155.82% return. Both entities have faced skepticism but are doubling down on Bitcoin-centric initiatives, with MicroStrategy launching BTC-backed financial products and El Salvador planning a Bitcoin bank. However, the IMF continues to criticize El Salvador’s Bitcoin adoption.
about MicroStrategy & El Salvador Reap Huge Bitcoin Gains