El Salvador holds $618M in Bitcoin on-chain

Bitcoin: Bitcoin is the original decentralized cryptocurrency and digital store of value that El Salvador integrated into its national financial system as legal tender. The country has consistently added to its government-controlled wallets through a daily acquisition approach funded recently by private donations, as verified in the latest IMF assessments. Its holdings remain publicly trackable on analytics platforms like Arkham, supporting the nation's long-term reserve policy amid evolving regulatory conditions. El Salvador: El Salvador is a Central American nation that became the first country to adopt Bitcoin as legal tender in 2021 and has maintained a national Bitcoin reserve strategy since then. Recent IMF program reviews confirm its Bitcoin additions come from private donations rather than public funds, with the government transferring operational control of its Chivo wallet to a private operator while retaining minority stake and custody responsibilities. The country continues to hold significant on-chain Bitcoin reserves despite conditions tied to its IMF lending agreement. Transparency: El Salvador's government Bitcoin wallets are publicly labeled and trackable on blockchain analytics platforms, providing visibility into its reserve holdings. IMF Relations: The IMF recently granted waivers for El Salvador's Bitcoin accumulation conditions during its program reviews, enabling further disbursements under the $1.4 billion facility. Policy Continuity: El Salvador has sustained its Bitcoin reserve accumulation through private donations even after scaling back mandatory merchant acceptance and public-sector purchasing under IMF commitments.