Bukele Denies El Salvador Transferred Its Bitcoin Reserve
President Nayib Bukele denied claims that El Salvador was ceding control of its strategic bitcoin reserve to a private operator, calling these allegations “totally false.” Bukele stressed that only Chivo Wallet shares were transferred to a private operator, not the BTC the nation owns. Key TakeawaysBukele slammed false reports of a transferred bitcoin reserve, clarifying only Chivo shares were privatized.The IMF praised El Salvadors 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 crypto. Bukele Denies El Salvador Transferred Its Bitcoin Reserve to a Private Operator President Nayib Bukele clarified the status of El Salvadors sovereign bitcoin reserve after reports assured it had been transferred to a private operator. El País, one of the largest journals in Spain with over 17.6 million unique users, claimed on social media that El Salvador had transferred “the majority ownership and control of more than 7,763 cryptocurrencies, valued at over 632 million dollars, into the hands of a private operator,” citing a press release from the International Monetary Fund (IMF) as the primary source for these allegations. Bukele swiftly rebuked this, stressing that it was “totally false.” He stated that these journalists and









