El Salvador Lied About Bitcoin Buys in 2025, IMF Report Shows
IMF reveals El Salvador made no new Bitcoin purchases in 2025, contradicting Bukele’s public claims of daily accumulation.
beincrypto.com
TL;DR
The IMF’s July review exposes that El Salvador never bought a single new Bitcoin in 2025 despite President Nayib Bukele’s “one‐per‐day” boasts. What looked like fresh accumulation was just internal transfers between government wallets—no taxpayer money was spent on BTC since the December 2024 loan deal.
On top of that, the report flagged minor hiccups with the state-run Chivo e-wallet and demands that public-sector involvement end by July’s close. The move is part of a broader push for fiscal transparency, including unwinding the public Bitcoin trust and publishing financials for state-owned enterprises.
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