El Salvador Doubles Down on Daily Bitcoin Buys
El Salvador's government has been purchasing one Bitcoin daily since November 17, 2022. This strategy aims to advance the country's cryptocurrency goals.
As of early August 2026, El Salvador holds approximately 7,734 BTC in its national reserve, worth around $500 million at current prices. The daily purchase program accounts for over 1,700 of those coins, with the rest accumulated through earlier bulk buys and opportunistic purchases during market dips.
The most notable bulk move came in November 2025, when the government scooped up roughly 1,090 BTC in a single transaction during a price pullback. A public reserve tracker logs every individual 1 BTC transaction on-chain, giving anyone with an internet connection a real-time view of the country's accumulation.
Despite significant concessions as part of a $1.4 billion agreement with the International Monetary Fund (IMF) in late 2024, including Bitcoin losing its legal tender status and the winding down of the Chivo wallet, the daily buy program survived intact.