El Salvador Buys 21 BTC for Bitcoin Law Anniversary
- El Salvador buys 21 BTC for Bitcoin Day, led by President Bukele.
- Government holds 6,313 BTC, valued at approximately $701 million.
- Conflict with IMF persists over regulatory compliance and Bitcoin accumulation.
El Salvador, under the leadership of President Nayib Bukele, bought 21 Bitcoin, valued at approximately $2.3 million, on September 7, 2025, to commemorate the fourth anniversary of its Bitcoin law.
This symbolic purchase underscores El Salvador’s ongoing commitment to Bitcoin amidst IMF pressures, reflecting strategic defiance and its broader implications for state-level cryptocurrency adoption and global financial relations.
El Salvador celebrated the fourth anniversary of its Bitcoin law by purchasing 21 BTC for approximately $2.3 million. President Nayib Bukele publicized the event through his official X (Twitter) account, marking a symbolic link to Bitcoin’s maximum supply.
President Bukele, who orchestrated the 2021 Bitcoin law, reinforced El Salvador’s commitment to cryptocurrency. The decision reflects ongoing support, despite regulatory challenges and IMF reservations over accumulating more BTC within current loan agreements.
The purchase reinforces El Salvador’s strategy of adding one Bitcoin daily since March 2024, enhancing their reserve to 6,313 BTC. As a result, the country holds a significant crypto portfolio, valued at $701 million, marking over $400 million in unrealized gains.
Despite profitability, the acquisition highlights political tension, particularly with the IMF, which has insisted El Salvador halts cryptocurrency accumulation. Ongoing dialogues concerning financial practices and regulatory frameworks underpin these international dynamics.
Continued government purchases suggest confidence in Bitcoin’s market potential. Although no major impact on other cryptocurrencies is noted, enhanced security measures reflect readiness against emerging technological threats.
El Salvador’s actions may inspire other nations to explore digital currency usage. However, potential regulatory friction emphasizes the complex balance between innovation and global compliance, requiring strategic collaboration for future advancements.
“Buying 21 bitcoin for Bitcoin Day.” — Nayib Bukele, President of El Salvador
