El Salvador Boosts Bitcoin Reserves Amid Market Sell-Off

El Salvador has added nearly $100 million to its national bitcoin treasury as BTC trades below $90,000.

The country is reinforcing its bitcoin strategy during one of the year’s steepest sell-offs, acquiring over 1,000 BTC and bringing its total holdings to roughly 7,500 BTC. This accumulation follows the government’s ongoing policy of purchasing one BTC per day, a practice maintained despite International Monetary Fund guidance discouraging further public sector bitcoin purchases. El Salvador has affirmed that its buying program will continue.

The latest purchase comes amid closer engagement with U.S. authorities on digital asset oversight, including a June meeting between President Nayib Bukele and White House crypto adviser Bo Hines.

Bitcoin prices fell below $90,000 during Asian trading hours, extending recent losses as risk sentiment weakened across global markets.