Bukele Denies El Salvador Transferred Its Bitcoin Reserve

President Nayib Bukele denied reports that El Salvador transferred its national Bitcoin reserve, asserting the holdings remain intact. His rebuttal aims to quash rumors that might have provoked investor panic or forced liquidations of sovereign BTC. While the clarification should reduce near-term selling pressure and support market confidence, continued opacity around custody and state-level governance keeps sovereign Bitcoin holdings a political risk for the market.