During the morning of this Wednesday, May 6, the Government of El Salvador announced that it currently owns 7 thousand 643 bitcoins in its so-called strategic reserve, after the purchase of approximately 1,633 digital currencies of this cryptoactive between January and April 2026, bringing the project investment to US$622 million.
According to the data shared on the digital portal of bitcoin of the Salvadoran Government, the purchase of this crypto asset has continued in the first five days of May 2026, with the daily acquisition of a coin, despite the rejection of almost 90% of the population to the daily use of cryptocurrency in the territory of El Salvador.
This is because, in 2021, El Salvador became the first country in the world to adopt bitcoin as legal tender, together with him dollarwhich became President Nayib’s main economic bet Bukelewho later reformed the law to eliminate its mandatory nature and make way for voluntary use.
The reform was promoted by the International Monetary Fund, the financial entity with which the Government of President Nayib Bukele reached an agreement in January 2024. agreement economic, so the use and purchase of bitcoin was limited, and Congress eliminated the obligation to accept digital currency and eliminated the role of the State in its use.
Bukele’s Bitcoin experiment in El Salvador
For the moment, it unknown whether the reserve of this digital asset will be used by the Executive Branch of President Nayib Bukele to finance a specific project to short or medium term in El Salvador, because the president intends to attract more investmentpromote financial inclusion and transform the economy of your country.
According to what was stated by President Nayib Bukele, the incorporation of bitcoin in the Salvadoran economy has allowed the use of “cryptocurrency wallets” for sending remittances to El Salvador from abroad, money transfers that migrants carried out to cover basic needs such as food and housing.
Therefore, according to data from the Central Reserve Bank (BCR), the accumulated remittances received through the use of cryptocurrency wallets in El Salvador during the first quarter of 2026 grew 49.7%, compared to the same period of the previous year, until reaching US$17 millionso this experiment has worked.
Furthermore, the figures of the financial institution show that the amount of remittances received in the first three months of 2026 is superior in US$5 million compared to what was recorded in the first quarter of 2025, when they only reached US$11 million, so that the actual use Bitcoin in El Salvador has benefited the State’s strategic reserve.
The Salvadoran accumulation strategy
According to the EFE news agency, this growth in public funds of the Salvadoran State is the direct result of a policy of sustained accumulation. Thus, Nayib Bukele’s government has strictly maintained the strategy of buying one bitcoin per day, regardless of the volatility of the market.
This methodology of the Salvadoran president, known as dollar cost averaginghas been complemented with acquisitions of greater volume during digital currency price corrections. In fact, in recent days, El Salvador added 30 bitcoins to its treasury, acting as a sovereign buyer asset.