IMF insists El Salvador has not bought more bitcoins in nearly a year
Source: CoinWorld
Time: 2025-09-13 01:45:16
El Salvador President Nayib Bukele continues to claim to buy bitcoins every day, claiming that the government buys one bitcoin a day, and recently bought another 21 bitcoins worth $2.3 million. However, the International Monetary Fund (IMF) refuted these claims, saying there were no new bitcoins in government reserves, suggesting that Bitcoin was transferred between wallets. Blockchain data shows that there are daily inflows from exchanges, but analysts noted that these purchases may precede the IMF agreement or involve undisclosed transfers. Despite pressure from the IMF to reduce its cryptocurrency experiment, Bucker insists that he will continue to buy Bitcoin.