TL;DR:
- El Salvador’s Bitcoin treasury exceeds 7,500 BTC, worth $670 million, built through daily 1 BTC purchases since 2021 and occasional larger buys.
- IMF loan documentation still describes El Salvador’s Bitcoin holdings as unchanged, even while officials report ongoing additions, raising doubts about how reserves are growing.
- American Bitcoin Corp now holds 5,044 BTC after adding 261 BTC, a $450 million stash, even as its shares slide 64% in a month.
El Salvador has quietly crossed another milestone in its high profile Bitcoin experiment, pushing its national treasury holdings beyond 7,500 BTC in spite of market volatility and ongoing scrutiny from international lenders. Government data show that the country’s stash, now worth more than $670 million at recent prices, has continued to grow under a long running accumulation policy over the years that treats Bitcoin as a strategic reserve asset rather than a short term trading bet.
Daily accumulation pushes treasury past 7,500 BTC
According to official disclosures, El Salvador’s reserve has surpassed 7,500 BTC thanks to a strategy of acquiring at least 1 bitcoin per day since 2021, periodically reinforced by larger opportunistic purchases. Roughly a month ago the government added 1,090 BTC to its treasury in a single transaction, helping lift holdings to a level previously associated only with major powers and leaving the position valued above $670 million today.
Those headline figures sit uneasily beside the country’s ongoing financing constraints, with the International Monetary Fund stating in international loan related documentation that El Salvador’s total Bitcoin holdings “remain unchanged,” even as government channels announce daily additions. A letter signed by the central bank president and finance minister has reinforced that stance, raising questions over whether the state is actively buying new coins or reallocating BTC it already controlled through other mechanisms to meet program conditions.
The accumulation drive also reshapes El Salvador’s place on global leaderboards, placing the country among the top five sovereign Bitcoin holders, behind the United States, China, the United Kingdom and Ukraine, which largely obtained their reserves through seizures rather than open market accumulation. That contrast highlights how El Salvador is using policy to build a store of value position even as larger economies treat Bitcoin as an asset recovered from enforcement actions rather than an allocation.
In parallel, corporate treasuries are racing to bulk up their own exposure, with American Bitcoin Corp increasing its holdings by 261 BTC to reach 5,044 BTC and climbing to 21st place on a watched list of Bitcoin owners. At a market price near $89,700, that stash exceeds $450 million, yet the company’s shares have fallen 64% over the past month, underscoring the ongoing volatility and market risk still facing aggressive Bitcoin accumulators in public markets today.
