Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The IMF report states that El Salvador has not added to its Bitcoin holdings, only integrating its existing position.
By: theblockbeats.news|2025/07/20 09:22:09
0
Share
BlockBeats News, July 20th, according to a report from TheBlock, based on a letter signed by the President of the Central Bank of El Salvador and the Minister of Finance, El Salvador has not purchased Bitcoin since February 2025. The letter is part of a recent International Monetary Fund (IMF) compliance report. This statement contradicts President Nayib Bukele and his Bitcoin Office's statement, as the El Salvador Bitcoin Office claims that the country's Bitcoin reserve is about 6,242 coins, valued at around $7.37 billion, and still adheres to the daily accumulation of one Bitcoin. Arkham Data also supports El Salvador's daily record of accumulating 1 Bitcoin, with most of these transfers coming from addresses labeled as Binance or Bitfinex hot wallets. The head of the Bitcoin Office, Stanzi Herbert, had previously stated that El Salvador continues to purchase Bitcoin, disregarding the IMF agreement.
It is worth noting that the International Monetary Fund (IMF) compliance report indicates that these transaction records may not be new purchases but rather the El Salvador government consolidating its existing Bitcoin holdings. The IMF report states in a footnote: "The increase in the Bitcoin holdings in the strategic Bitcoin reserve fund reflects the government's consolidation of Bitcoin from multiple wallets held."
As of now, the El Salvador Bitcoin Office has not commented on this.
You may also like
Only 43% ROI on $1, why are 87% of Polymarket traders in the red?
Not due to bad luck, but based on gut feeling to determine position size, ignoring new information changes, and paying for "optimism bias" in every market order trade.
After L2 Fraud, Ethereum Turns to ‘Economic Zone’ Self-Help
The original vision of L2 and its role in Ethereum is no longer tenable. We need a new path forward.
AI has simultaneously created a shortage and surplus of memory
Huaqiangbei and the US retail market simultaneously experienced a steep decline in RAM prices
How Can the Average Person Win in the 2026 AI Boom?
Career, Income, and Entrepreneurship as Three Opportunity Pathways
When Wall Street Meets Crypto, Here's Your "Stock Market Beginner & Advanced Guide"
Crypto is entering a "Wisdom Time," where users, the media, smart money, and even CEX are all shifting their focus to one goal — the US stock market.
StandX Introduces SIP1 and SIP2: Holding Subsidy Mechanism Launched, Reshaping On-Chain Trading and Reward Structure
Against the backdrop of the continuous evolution in the decentralized derivatives trading landscape, StandX is strengthening its competitive edge through product innovation. Recently, StandX officially introduced two core upgrade proposals — SIP1 (Block Trade) and SIP2 (Position Yield), enhancing user experience and strategic efficiency from the perspectives of trade execution and fund yield. This also signifies a further deepening of StandX's product mechanics and revenue design, signaling a key milestone in the project's ongoing advancement.
Decoding Aave V4: A Shift from Product to "Banking"
DeFi has come full circle, back to that morning 600 years ago.
Huobi HTX Releases "2026 Digital Asset Trends Whitepaper": Global Liquidity Reconfiguration, Defining the New Era of "On-Chain Finance"
Recently, Huobi HTX officially released the "2026 Digital Asset Trends Whitepaper". In the current market downturn and amid a cautious industry sentiment, this lengthy in-depth report has emerged to reexamine the development path of digital assets from a structural perspective. It aims to provide forward-looking judgments and a systematic framework for the market, assisting investors in establishing long-term confidence and cognitive anchors in an uncertain cycle.
PUMP Valuation Breakdown: Debunking On-Chain Data “Wash Trading” Narrative, Where Does the Real Discount Come From?
Not out of bad luck, but based on intuition to determine position size, ignore new information changes, and pay for "optimism" in every market order trade.
StandX launches SIP1 and SIP2: Position subsidy mechanism goes live, reshaping on-chain trading and revenue structure
StandX launches upgrades SIP1 and SIP2, unlocking large on-chain "slip-free" trading and dual returns on positions, completely reshaping the derivatives trading experience.
Huobi HTX Releases the "2026 Digital Asset Trend White Paper": Global Liquidity Restructuring, Defining a New Sovereign Era of "On-Chain Finance"
Huobi HTX has officially released the "2026 Digital Asset Trend White Paper," which deeply analyzes the ten core trends including AI agents, RWA, and institutionalization, steering the new era of on-chain finance with four major strategies: "stability, transparency, institutionalization, and AI empo...
DeFi Governance Revolution
Token economics was once regarded as the holy grail of incentives in DeFi, but the three major protocols have proven over the course of a year that even a well-designed mechanism can be worn down by the greed and inertia of reality.
Encrypted CEX is becoming a historical species
A silent species turnover has begun.
Who Pays for War? | Rewire News Morning Digest
Pentagon Estimates Current War’s Daily Average Cost at $10-20 Billion
Oil Price Surges Above $100, Yield Curve Inverts: U.S. Bonds Have Already Told the Market What Is Coming
Between inflation and recession, it is betting on recession.
Apple at 50: The Departure of Genius, the Permanence of the Machine
How to Buy Absolute Peace of Mind in the Capital Markets with Hundreds of Billions of Dollars in Cold, Hard Cash?
Disruption in the 13-week consecutive buying spree, What is the Strategy's Intent?
Strategy is shifting from relying on common stock issuance to using preferred stock as the primary funding mechanism for Bitcoin purchases.
Global Economic Recession: Has It Quietly Begun?
When energy, capital, and power reweave, decline becomes a strategic advantage
Only 43% ROI on $1, why are 87% of Polymarket traders in the red?
Not due to bad luck, but based on gut feeling to determine position size, ignoring new information changes, and paying for "optimism bias" in every market order trade.
After L2 Fraud, Ethereum Turns to ‘Economic Zone’ Self-Help
The original vision of L2 and its role in Ethereum is no longer tenable. We need a new path forward.
AI has simultaneously created a shortage and surplus of memory
Huaqiangbei and the US retail market simultaneously experienced a steep decline in RAM prices
How Can the Average Person Win in the 2026 AI Boom?
Career, Income, and Entrepreneurship as Three Opportunity Pathways
When Wall Street Meets Crypto, Here's Your "Stock Market Beginner & Advanced Guide"
Crypto is entering a "Wisdom Time," where users, the media, smart money, and even CEX are all shifting their focus to one goal — the US stock market.
StandX Introduces SIP1 and SIP2: Holding Subsidy Mechanism Launched, Reshaping On-Chain Trading and Reward Structure
Against the backdrop of the continuous evolution in the decentralized derivatives trading landscape, StandX is strengthening its competitive edge through product innovation. Recently, StandX officially introduced two core upgrade proposals — SIP1 (Block Trade) and SIP2 (Position Yield), enhancing user experience and strategic efficiency from the perspectives of trade execution and fund yield. This also signifies a further deepening of StandX's product mechanics and revenue design, signaling a key milestone in the project's ongoing advancement.
App