1 month ago
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Key Takeaways
- The disclosure starts after June 2025.
- Donors and amounts remain undisclosed.
- Further additions are expected only from donations.
The IMF says recent Bitcoin additions were donations
El Salvador’s Bitcoin reserve has long been treated as evidence of a government buying strategy. The International Monetary Fund has now given a more specific account of the country’s recent additions: they came from private donations rather than public spending.
In its September 3 staff-level agreement statement, the Fund said documentation had been provided verifying that “Bitcoin accumulation since the first review reflects private donations and … no public resources were used.”
The agreement still requires approval from the IMF Executive Board and the completion of agreed prior actions. Even so, the staff statement changes how recent reserve growth should be read: a higher BTC bal...
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