El Salvador Doubles Down: Nation Buys 21 BTC to Mark Historic Bitcoin Day
El Salvador just flexed its crypto muscles again—grabbing another 21 Bitcoin to celebrate National Bitcoin Day. This isn't just symbolism; it's strategic accumulation.
Why It Matters
President Bukele’s government keeps stacking sats while traditional finance plays catch-up. This purchase reinforces their bullish, long-term stance—no matter what short-term volatility whispers.
Bigger Picture
While Wall Street still debates ETF fees and custody rules, El Salvador is executing. They’re not waiting for permission—or apologies.
One cynical take? Maybe legacy banks should take notes—if they can look up from their quarterly reports.
El Salvador BTC Purchase Complicates IMF Compliance
Per a recent report from the International Monetary Fund (IMF), El Salvador stopped purchasing any new Bitcoin, since El Salvador secured a $1.4 billion loan agreement in December 2024.
The agreement requires halting voluntary purchases of BTC by public entities. Further, the deal mandates the government’s exit from the Chivo wallet program.
Additionally, the IMF has long been a critic of El Salvador’s Bitcoin adoption. In 2021, the international body warned that the nation’s move to make Bitcoin a legal tender WOULD lead to “a number of macroeconomic, financial and legal issues.”
Despite the mandates in place, El Salvador has steadily continued to accumulate 1 Bitcoin per day.
Besides, the country announced splitting its Bitcoin treasury across 14 separate addresses. This is to improve security against growing concerns over quantum computing threats. The government has until now stored its BTC treasury in a single wallet address.
El Salvador fortified its treasury by splitting its $682M BTC holdings into 14 separate addresses to guard against quantum computing threats.#Bitcoin #ElSalvadorhttps://t.co/pSeC02I2Fm
Bitcoin Day – Milestones So Far
The government’s BTC agency has highlighted El Salvador’s key Bitcoin milestones so far, including rebranding the nation as “Bitcoin Country.”
“Guided by EXCELLENCE ONLY, our results prove that builders can just build extraordinary things,” Bitcoin Office posted on X.
EL SALVADOR CELEBRATES BITCOIN DAY!
The Bitcoin Office is proud to have been building BITCOIN COUNTRY for three of the four years since El Salvador made bitcoin legal tender.Guided by EXCELLENCE ONLY, our results prove that builders can just build extraordinary things:… pic.twitter.com/BReo1zC2pZ
Additionally, about 80,000 public servants have received a Bitcoin certification as of 2025, it said, adding that the government passed a law enabling Bitcoin banks and BTC capital markets framework.
