El Salvador Takes Action Again: Invests $50 million to Increase Gold Reserves, Upgrading Bitcoin National Reserve Strategy

GateBlog · 2026-01-30T04:05:08+00:00

The Central Bank of El Salvador increases its holdings of gold and Bitcoin, becoming a pioneer in combining emerging digital assets with traditional safe-haven assets. President Bukele's long-term investment strategy has diversified the country's state assets and plans to further promote financial innovation, such as issuing Bitcoin bonds and building tax-free Bitcoin cities, enhancing the nation's financial autonomy.

GateBlog

2026-01-30 04:05:08

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El Salvador’s central bank recently announced that it has added $50 million worth of gold to its national reserves, purchasing 9,298 troy ounces of gold. This brings the country’s total gold holdings to 67,403 ounces, valued at approximately $360 million based on current prices.

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