The International Monetary Fund (IMF) announced that El Salvador has not utilized public funds to accumulate bitcoin since June 2025, with all subsequent additions originating from private donations. The disclosure accompanied a staff-level agreement between IMF personnel and Salvadoran authorities regarding the combined second and third reviews of the country’s 40-month Extended Fund Facility. Pending Executive Board approval and the fulfillment of agreed prior actions, the arrangement is set to disburse approximately $140 million.
According to the details provided in(https://www.theblock.co/news/regulation/2026-09-04-el-salvador-has-not-used-public-funds-to-accumulate-bitcoin-since-june-2025-imf-says-413535)
), the Fund verified documentation showing that recent additions to the nation’s bitcoin stack bypassed the state treasury. Previously reported acquisitions included an expansion to 6,190.18 BTC following incremental purchases, followed by a November disclosure of a 1,090 BTC acquisition valued at approximately $100 million. While public disclosures highlighted continuous stack growth during a period when the program aimed to freeze government-backed accumulation, the IMF confirmed that none of those recent funds originated from public accounts. The institution did not publish a cumulative total for bitcoin acquired through private donations since June 2025, but noted that no further accumulation outside of documented donations is anticipated.
As part of the broader structural arrangements under the program, El Salvador is implementing measures to improve transparency regarding holdings across various government wallets and to strengthen governance and risk management for public-sector cryptographic assets. In a separate restructuring effort concerning national crypto infrastructure, the government altered its operational involvement in the Chivo wallet. Majority ownership and operational control have shifted to a private operator, while the state retains a minority stake alongside custodial responsibilities exclusively for customer assets.
The economic policy updates coincide with broader market movements, as bitcoin recently traded near $81,000, reflecting a 4.5% increase over a 24-hour window and maintaining a total market capitalization near $1.6 trillion.
