El Salvador remains steadfast in its Bitcoin strategy, acquiring 13 BTC since March 1 despite increasing pressure from the International Monetary Fund (IMF) to halt public sector involvement with the cryptocurrency. The country's Bitcoin treasury now holds over 6,105 BTC, valued at more than $527 million at current prices.

The Central American nation has been purchasing Bitcoin at a steady pace—typically one BTC per day—but on March 3, it made an unusual purchase of five BTC in a single transaction. This move comes after El Salvador secured a $1.4 billion loan agreement with the IMF in December 2024, which required the government to revoke Bitcoin’s status as legal tender and scale back its involvement in the crypto sector.

In compliance with the loan conditions, El Salvador's Congress voted in January 2025 to amend its Bitcoin laws, officially repealing the previous framework. However, despite this legislative shift, the government has continued accumulating Bitcoin, making notable purchases, including two BTC on February 1. The IMF recently issued another warning on March 3, demanding that El Salvador stop buying Bitcoin and refrain from issuing debt or tokenized securities linked to the asset.

President Nayib Bukele dismissed the IMF’s demands, reaffirming the country’s commitment to Bitcoin adoption. "If it didn’t stop when the world ostracized us and most ‘bitcoiners’ abandoned us, it won’t stop now, and it won’t stop in the future," Bukele declared.

El Salvador's unwavering pro-Bitcoin stance has attracted major crypto firms. On January 7, Bitfinex Derivatives announced its relocation from Seychelles to El Salvador, followed by Tether on January 13, moving its headquarters to the country.