The International Monetary Fund confirmed that El Salvador used no public funds to accumulate Bitcoin after the first review of its financing program in June 2025. According to the lender, Salvadoran authorities provided documents verifying that the accumulation came from private donations. The acquisition of 1,090 BTC worth $100 million announced in November 2025 had renewed questions about compliance with the $1.4 billion IMF program. The Chivo wallet has been transferred to a private operator, with the government retaining a minority stake and custodial responsibilities. El Salvador currently holds approximately 7,764 BTC, worth about $628 million at the current price of $80,900 per unit.
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