Since El Salvador had a deal with the IMF, I have begun to have some level of doubt regarding the management of their Bitcoin. There were speculations recently that the claim that they are buying Bitcoin daily is false.
You'd be absolutely mistaken. The speculations are just baseless rumors that are started by groups that want to divide and conquer you. Nobody with a rational brain would do something like that without having at least some form of evidence. No evidence of the like has been provided by anyone.
I also do not doubt that this coin separation into different wallets is to sell some amount.
No, they are not selling. Why would they? The amount that they own is tiny, and they can forego selling BTC forever.
I had to go through the International Monetary Fund (IMF) report on
El Salvador's fund facility and found this:
Most end-March targets, on the primary balance, external and
financial buffers, were met with margins, and the overall stock of Bitcoin held by the public
sector has remained unchanged since program approval
El Salvador and the IMF signed this new deal in December 2024. The report states clearly that they have not bought any Bitcoin since January. I was expecting Salvador’s Bitcoin Office and the National Commission of Digital Assets to dispute this report but they were silent.