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El Salvador continues to add Bitcoins even after signing a $1.4 billion IMF loan facility with terms to stop government crypto projects. The country's Bitcoin reserve has surpassed more than 6,162 BTC valued at around $550 million as of March 2025, and additional reserves in April 2025.
To meet the IMF agreement, El Salvador tactically employs non-public-sector institutions like trusts and private affiliates to buy Bitcoin. This enables the government to remain within the "non-accumulation" requirement for public-sector Bitcoin but continue to add its crypto reserves by alternative means.
President Bukele maintains Bitcoin as a long-term store of value and financial inclusion vehicle regardless of the IMF's emphasis on wider fiscal reforms. This is a reflection of El Salvador's bid to strike a balance between its crypto aspirations and global commitments, with issues of transaction openness and long-term sustainability remaining unaddressed.
