On June 16, it was reported that data from the Bitcoin Office of El Salvador showed that the government's bitcoin holdings have reached 6,209 BTC, and it has increased its holdings by 240 BTC since reaching a $1.4 billion loan agreement with the International Monetary Fund (IMF) on December 19, 2024. The agreement requires El Salvador to cancel Bitcoin's fiat status and stop publicly increasing its holdings, but the country still maintains a strategy of buying 1 BTC per day. Rodrigo Valdes, head of the IMF's Western Hemisphere Department, said El Salvador remained compliant through a technical operation of "not increasing its holdings in the fiscal sector as a whole." Blockchain advisor Anndy Lian pointed out that the country may maintain superficial compliance through non-public entity purchases.