Bukele took a $1.4B IMF loan that explicitly required scaling back government Bitcoin involvement — then kept the 1 BTC/day DCA running, literally buying BTC the day after the IMF reiterated its restrictions in March 2025. With accumulation running since Sept 2021 through multiple bear market lows, their average cost basis is likely sub-$45K, putting the treasury up 40%+ on a position partially funded by fiat debt at concessional IMF rates. Sovereign carry trade: borrow cheap dollars, stack sats, let the spread compound — and no other nation-state has the political runway to copy it.

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Crypto payments firm Truther to launch non-custodial USDT Visa Card in El Salvador on January 29, 2026. The card doesn't require preloading funds or custodial services, and carries a 2% fee on currency conversions, with no IOF tax for Brazilian users. Truther plans to expand its services to other countries, including Argentina, Mexico, Colombia, and Russia, and will integrate more local stablecoins into its self-custody wallet by early 2026.

Crypto payments firm Truther to launch non-custodial USDT Visa Card in El Salvador on January 29, 2026. The card doesn't require preloading funds or custodial services, and carries a 2% fee on currency conversions, with no IOF tax for Brazilian users. Truther plans to expand its services to other countries, including Argentina, Mexico, Colombia, and Russia, and will integrate more local stablecoins into its self-custody wallet by early 2026.

archive.is ·

El Salvador reportedly added 1,090 BTC during the market dip, marking its largest single-day increase. But questions are rising over whether the purchase violates its IMF loan agreement.

El Salvador reportedly added 1,090 BTC during the market dip, marking its largest single-day increase. But questions are rising over whether the purchase violates its IMF loan agreement.

The Block ·

El Salvador’s bitcoin purchases are under scrutiny after onchain analyst Sani presented evidence suggesting the government may be “recycling” BTC across wallets rather than making fresh acquisitions. The IMF has previously raised similar concerns, but President Bukele’s administration continues to post each transfer as a new purchase via the Bitcoin Office.

El Salvador’s bitcoin purchases are under scrutiny after onchain analyst Sani presented evidence suggesting the government may be “recycling” BTC across wallets rather than making fresh acquisitions. The IMF has previously raised similar concerns, but President Bukele’s administration continues to post each transfer as a new purchase via the Bitcoin Office.

news.bitcoin ·

Gold surged past $3,600/oz to a record high as global central banks, BRIC nations, and even El Salvador ramp up purchases, diversifying reserves away from the U.S. dollar. While gold shines as a hedge, Bitcoin advocates highlight its exponential gains and portability as the real long-term bet.

Gold surged past $3,600/oz to a record high as global central banks, BRIC nations, and even El Salvador ramp up purchases, diversifying reserves away from the U.S. dollar. While gold shines as a hedge, Bitcoin advocates highlight its exponential gains and portability as the real long-term bet.

Cryptoslate ·

El Salvador marked Bitcoin Day, celebrating three years of building “Bitcoin Country” since making BTC legal tender. The Bitcoin Office says its progress shows the power of builders—and signals this is only the beginning.

El Salvador marked Bitcoin Day, celebrating three years of building “Bitcoin Country” since making BTC legal tender. The Bitcoin Office says its progress shows the power of builders—and signals this is only the beginning.

𝕏/@bitcoinofficesv ·

El Salvador pivots to gold for the first time since 1990, acquires 13,999 troy ounces ($50M) for diversification amid shifting global economic conditions. The Central Reserve Bank of El Salvador increased its total gold reserves from 44,106 troy ounces to 58,105 troy ounces.

El Salvador pivots to gold for the first time since 1990, acquires 13,999 troy ounces ($50M) for diversification amid shifting global economic conditions. The Central Reserve Bank of El Salvador increased its total gold reserves from 44,106 troy ounces to 58,105 troy ounces.

Cryptobriefing ·

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