The Central American nation now holds 6,088 Bitcoin, valued at approximately $558 million at current prices.
El Salvador purchased 7 Bitcoin on March 14, according to Arkham Intelligence data, resuming its acquisitions after pausing its daily buying strategy on Feb. 18.
The Central American nation now holds 6,088 Bitcoin, valued at approximately $558 million at current prices. The country had previously implemented a strategy of purchasing one Bitcoin daily, which began in November 2022.
The halt came amid El Salvador's recent agreement with the International Monetary Fund (IMF), a 40-month Extended Fund Facility deal expected to attract over $3.5 billion in additional financial support throughout the program period.
As part of the IMF agreement, El Salvador agreed to modify its Bitcoin policies, including making Bitcoin acceptance voluntary for private-sector businesses. The country's legislature approved amendments to its Bitcoin law in late January 2025 to align with these requirements.
El Salvador has made several large Bitcoin purchases outside of its daily acquisition strategy. In December, following the IMF financing deal, the country added $1 million worth of Bitcoin to its strategic reserves in a single purchase. On February 4, it acquired 11 Bitcoin valued at over $1 million.
Despite earlier speculation that the IMF deal would curtail its Bitcoin strategy, El Salvador's latest purchase demonstrates continued commitment.
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