El Salvador stockpiles gold, Bitcoin amid market jitters
Crypto Briefing
El Salvador's Central Reserve Bank recently bought $50 million in gold, increasing its reserves alongside its ongoing Bitcoin accumulation.Summary
El Salvador's Central Reserve Bank (BCR) announced its second gold purchase since 1990, acquiring 9,298 troy ounces worth $50 million. This follows a similar purchase in September 2025, bringing the nation's total gold holdings to 67,403 troy ounces, valued at about $360 million, which the BCR states consolidates the country's long-term patrimony. This move occurs as central banks globally are increasing gold stockpiles amid geopolitical tensions and concerns about the dollar. Concurrently, El Salvador continues its strategy of daily Bitcoin accumulation, now holding 7,546 BTC, valued around $618 million. Despite a recent dip in prices for both assets, the country is strategically building its reserves.
(Source：Crypto Briefing)