El Salvador marked the fourth anniversary of its groundbreaking Bitcoin Law on September 7, 2025, by purchasing 21 BTC, symbolically nodding to Bitcoin’s 21 million supply cap. President Nayib Bukele announced the acquisition via X, stating, “Buying 21 bitcoin for Bitcoin Day,” bringing the nation’s total holdings to 6,313.18 BTC, valued at approximately $701 million at current market prices.
This move continues El Salvador’s “one Bitcoin a day” strategy since March 2024, despite a December 2024 IMF loan agreement requiring a halt to new accumulations to secure $1.4 billion in funding. The IMF has criticized the policy for introducing volatility risks, though the country’s reserves show over $400 million in unrealized gains since 2021 purchases totaling around $300 million.
Recently, El Salvador redistributed its holdings across 14 addresses to mitigate quantum computing threats, enhancing transparency via a public dashboard. While the government celebrates achievements like certifying 80,000 public servants in Bitcoin and new BTC investment banks, critics argue everyday citizens see limited benefits amid low adoption rates and economic concerns. The Bitcoin Law, enacted in 2021, made El Salvador the first nation to adopt BTC as legal tender alongside the U.S. dollar, aiming to boost financial inclusion but facing ongoing international scrutiny.