25-2-2025 – El Salvador has demonstrated its unwavering commitment to cryptocurrency by acquiring 7 Bitcoin, valued at $661,000, following a brief pause in its daily purchasing strategy. This latest transaction has bolstered the nation’s impressive digital treasury to 6,088 Bitcoin, worth approximately $558 million at current valuations.
The purchase comes at a particularly volatile moment for cryptocurrency markets, with Bitcoin experiencing significant downward pressure following President Trump’s recent tariff announcement. The subsequent market turbulence triggered substantial liquidations exceeding $950 million across various crypto trading platforms, with Bitcoin’s value settling at $92,000—marking a 4% decline over 24 hours, according to CoinGecko data.
JUST IN: El Salvador bought another 7 bitcoin for their strategic bitcoin reserve 🇸🇻 pic.twitter.com/BJrgLz0QmV
— Bitcoin Magazine (@BitcoinMagazine) February 24, 2025
Despite entering into a landmark 40-month Extended Fund Facility arrangement with the International Monetary Fund (IMF)—projected to secure $3.5 billion in additional financial support—El Salvador’s cryptocurrency strategy appears remarkably resilient. The Central American nation has notably adapted its approach, making legislative amendments in January 2025 to render Bitcoin acceptance optional for private businesses, thereby aligning with IMF stipulations whilst maintaining its broader crypto vision.
The country’s investment pattern has evolved beyond its initial daily Bitcoin acquisition programme, which commenced in November 2022. Notable purchases include a $1 million Bitcoin investment following the IMF agreement in December, and a subsequent acquisition of 11 Bitcoin, valued at over $1 million, in early February.