El Salvador President Dismisses Report of Bitcoin Reserve Transfer

The denial underscores how opaque sovereign Bitcoin holdings remain, even as El Salvador's position evolves under IMF scrutiny. The distinction between the Chivo wallet stake and the strategic reserve is material, as it shapes whether the state's core BTC assets are truly untouched or merely reclassified. For market watchers, the key signal is not the headline rebuttal but the underlying ambiguity around custody and control—if reserve movements can be rumored, real transparency gaps persist. Whether further clarification or independent verification follows is the open question.