IMF says El Salvador bitcoin gains came from private donations
The International Monetary Fund reviewed El Salvador's loan program documents and concluded that Bitcoin added to the country's reserve since the prior review reflected private donations and did not use public resources. The IMF also said earlier changes often reflected transfers among government-controlled wallets or Chivo e-wallet deposits, and it expects no further accumulation beyond documented contributions. El Salvador's official tracker shows reserves rising from about 6,224 BTC in June 2025 to more than 7,764 BTC, while the government continues to publicly claim daily purchases and has kept wallet addresses public after a treasury structure overhaul.
IMF: recent BTC additions were private donations, not new public spending
Context
The IMF reviewed El Salvador's loan program documents and examined bitcoin movements. The fund found recent reserve growth came from private donations and expects no further accumulation beyond those contributions. Observers may continue…
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