PANews reported on January 30th that, according to CoinDesk, the Central Bank of El Salvador announced on Thursday that it had increased its gold reserves by $50PANews reported on January 30th that, according to CoinDesk, the Central Bank of El Salvador announced on Thursday that it had increased its gold reserves by $50
The Central Bank of El Salvador increased its gold holdings by $50 million, while the Salvadoran government continued to increase its holdings by one Bitcoin.
PANews reported on January 30th that, according to CoinDesk, the Central Bank of El Salvador announced on Thursday that it had increased its gold reserves by $50 million. Following this purchase of 9,298 troy ounces of gold, the country's total gold reserves reached 67,403 ounces, valued at approximately $360 million.
Meanwhile, the government, adhering to President Nayib Bukele's promise to "buy one Bitcoin daily," added one Bitcoin to its holdings that day. According to Arkham data, its total Bitcoin holdings have reached 7,547, worth approximately $635 million based on the Bitcoin price of about $84,000 at the time of writing. President Bukele, in forwarding the central bank's announcement, wrote "We've bought the dip again," but did not specify whether he was referring to the purchase of gold or Bitcoin.
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