El Salvador boosts Bitcoin reserves on law anniversary

10.09.2025

El Salvador carried out a symbolic purchase of 21 bitcoins, timed to the fourth anniversary of the Bitcoin Law coming into effect – often referred to as “Bitcoin Day.” President Nayib Bukele announced the move on September 7 in a post on X. With this addition, the country’s strategic reserve now totals around 6,313 BTC, valued at more than $700 million at current market prices. The purchase is largely symbolic, highlighting the government’s commitment to its pro-Bitcoin policy despite international pressure. The International Monetary Fund (IMF), for example, has repeatedly urged El Salvador to halt state-level Bitcoin acquisitions. To enhance reserve security, the country recently distributed its BTC across 14 separate addresses, capping each at 500 BTC. This approach aims to reduce potential risks, including future threats from quantum computing advances. Despite agreements with the IMF that implied reducing Bitcoin exposure in exchange for credit support, Bukele reaffirmed his intention to keep accumulating. The president stressed that such purchases will continue.