El Salvador has doubled down on its Bitcoin strategy, with President Nayib Bukele purchasing 21 BTC on Monday to commemorate the fourth anniversary of the country’s landmark Bitcoin Law.

According to data from the Bitcoin Office, the Central American nation has been quietly adding 1 BTC per day since March 2024. With its latest acquisition, El Salvador’s Bitcoin holdings have climbed to 6,313.18 BTC—worth over $701 million. Just in the past week, the government has added 28 BTC to its treasury.

This continued accumulation underscores Bukele’s long-term strategy of positioning El Salvador as a global leader in Bitcoin adoption, even as prices swing in volatile markets.

The purchase comes despite terms in a $1.4 billion IMF loan deal signed in December 2024, which required El Salvador to halt discretionary Bitcoin acquisitions by public entities and wind down the state-run Chivo wallet program.

The IMF has been a vocal critic of El Salvador’s pro-Bitcoin stance since 2021, warning that adopting BTC as legal tender could create “macroeconomic, financial, and legal risks.” Still, Bukele’s administration has pressed ahead, maintaining its 1 BTC-per-day strategy in open defiance of the agreement.

To bolster security, the government also revealed that it has split its Bitcoin treasury across 14 separate wallet addresses, moving away from a single address structure to mitigate future threats—including risks linked to quantum computing.

Four Years of Bitcoin in El Salvador

El Salvador officially recognized Bitcoin as legal tender in September 2021, a world first. Since then, the nation has rebranded itself as “Bitcoin Country,” launched Bitcoin education programs, and introduced a legal framework for Bitcoin banks and BTC-based capital markets.

The Bitcoin Office highlighted its achievements on social media, noting that over 80,000 public servants have now received Bitcoin certifications.

“Guided by EXCELLENCE ONLY, our results prove that builders can just build extraordinary things.”

With its latest purchase, El Salvador has signaled that Bitcoin Day is not only a symbolic celebration but also a reaffirmation of its commitment to Bitcoin—regardless of global pressure.