El Salvador Acquires 1,098 BTC Valued Over $100 Million

El Salvador Acquires 1,098 BTC Valued Over $100 Million

El Salvador confirmed the purchase of over $100 million in Bitcoin, led by President Nayib Bukele between November 17 and 18, 2025, during a sharp market dip.

The acquisition underscores El Salvador’s commitment to Bitcoin, potentially affecting its IMF agreements and highlighting ongoing controversies regarding cryptocurrency in national treasuries.

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El Salvador’s government, led by President Nayib Bukele, confirmed its largest ever Bitcoin purchase. The country acquired 1,090–1,098 BTC, valued over $100 million, during a market dip with Bitcoin prices below $90,000.

President Nayib Bukele和该国的比特币办公室通过官方声明公布了本次收购。这一举措符合Bukele持续积累比特币的策略，尽管市场波动带来一定挑战。

The decision has significant implications for El Salvador’s economy and global Bitcoin markets. By acquiring more Bitcoin, the country aims to strengthen its sovereign digital asset portfolio.

Financial experts note this acquisition may challenge El Salvador’s IMF agreements , which prohibit new public-sector Bitcoin purchases. This transaction could potentially conflict with the IMF’s $1.4 billion loan terms. Nayib Bukele, President of El Salvador, confirmed the purchase stating, “Hooah!” along with the details of acquiring 1,098.19 BTC, bringing the country’s total to 7,474.37 BTC.

Global financial bodies are closely monitoring El Salvador’s actions. Bitcoin enthusiasts view it as a major national endorsement of the cryptocurrency.

Historical precedents highlight El Salvador’s pattern of buying Bitcoin during market dips. The country holds over 7,474 BTC now. Analysts suggest this approach to sovereign accumulation may lead to ongoing regulatory discussions.