Nayib Bukele and El Salvador buying dips in bitcoin and gold
CoinDesk
El Salvador's central bank purchased $50 million in gold, increasing its total holdings, while the government added one bitcoin.Summary
El Salvador's central bank announced it purchased $50 million worth of gold on Thursday, adding 9,298 troy ounces to its reserves, bringing the country's total gold holdings to approximately 67,403 ounces, valued around $360 million. President Nayib Bukele reposted the announcement, suggesting they "bought the other dip." Concurrently, Arkham data confirmed the government added one bitcoin to its holdings, maintaining its pattern of buying one coin daily. This brings the government's total bitcoin stack to 7,547 coins, valued at $635 million amid depressed prices near $84,000.
(Source：CoinDesk)