{"id":77789,"date":"2026-09-06T11:05:44","date_gmt":"2026-09-06T11:05:44","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bukele-denies-el-salvador-transferred-its-bitcoin-reserve\/"},"modified":"2026-09-06T11:05:44","modified_gmt":"2026-09-06T11:05:44","slug":"bukele-denies-el-salvador-transferred-its-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bukele-denies-el-salvador-transferred-its-bitcoin-reserve\/","title":{"rendered":"Bukele Denies El Salvador Transferred Its Bitcoin Reserve"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bukele slammed false reports of a transferred bitcoin reserve, clarifying only Chivo shares were privatized.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The IMF praised El Salvador\u2019s economic growth and fiscal surplus, which Bukele credited to better security.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bukele ignored IMF claims that bitcoin reserves came from donations, as the country continues buying crypto.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p> <!-- --> <\/p>\n<h2>Bukele Denies El Salvador Transferred Its Bitcoin Reserve to a Private Operator<\/h2>\n<p>President Nayib Bukele clarified the status of El Salvador\u2019s sovereign bitcoin reserve after reports assured it had been transferred to a private operator.<\/p>\n<p>El Pa\u00eds, one of the largest journals in Spain with over 17.6 million unique users,<a href=\"https:\/\/x.com\/elpais_america\/status\/2095960951082057931?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"> claimed on social media<\/a> that El Salvador had transferred <strong>\u201cthe majority ownership and control of more than 7,763 cryptocurrencies, valued at over 632 million dollars, into the hands of a private operator,\u201d <\/strong>citing a press release from the International Monetary Fund (IMF) as the primary source for these allegations.<\/p>\n<p>Bukele swiftly rebuked this, stressing that it was <strong>\u201ctotally false.\u201d <\/strong>He stated that these journalists and media outlets <strong>\u201cshamelessly LIE to their readers.\u201d<\/strong><\/p>\n<p><strong>\u201cRead it. It clearly says the opposite: that the only thing that was transferred was the Chivo shares, something that was offered a year and a half ago, and NOT the Bitcoin Strategic Reserve,\u201d<\/strong> Bukele declared, linking directly to the press release issued by the IMF<a href=\"https:\/\/x.com\/nayibbukele\/status\/2096018188454568034?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"> in his X post<\/a>.<\/p>\n<p>The fund praised El Salvador\u2019s performance and compliance, acknowledging that <strong>\u201ceconomic activity has outperformed expectations, while fiscal and external imbalances are being addressed in line with program commitments.\u201d<\/strong><\/p>\n<p>Bukele referred to the fund\u2019s opinion, telling social media users to read how El Salvador <strong>\u201chas achieved a primary fiscal surplus and has exceeded all economic growth expectations thanks to security and investor confidence, in addition to having achieved a significant reduction in poverty, supported by improvements in the efficiency of public services.\u201d<\/strong><\/p>\n<p>Nonetheless, he failed to address IMF statements linking the constant accumulation of bitcoin for the nation\u2019s strategic bitcoin reserve, which has already reached over 7,766 BTC, <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/imf-reveals-donations-fund-el-salvador-bitcoin-accumulation\/\">to private donations.<\/a><\/p>\n<p>The fund also highlighted that no further accumulation was expected. Even so, El Salvador has <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/el-salvador-bitcoin-reserve-7762-btc\/\">continued to add bitcoin<\/a> to its coffers after this announcement.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/bukele-denies-el-salvador-transferred-its-bitcoin-reserve\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bukele slammed false reports of a transferred bitcoin reserve, clarifying only Chivo shares were privatized. The IMF praised El Salvador\u2019s economic growth and fiscal surplus, which Bukele credited to better security. Bukele ignored IMF claims that bitcoin reserves came from donations, as the country continues buying [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":77790,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77789"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77789"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77790"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}