Nayib Bukele Says 'We Bought The Other Dip' As El Salvador Loads Up On Gold And Bitcoin

Group 1 - El Salvador has purchased 9,298 ounces of gold worth $50 million, increasing its total gold reserves to 67,403 ounces valued at $360 million [2] - The acquisition of gold is part of El Salvador's strategy to maintain a "prudent balance" in its foreign reserves [2] - The country continues to accumulate Bitcoin, adding 1 BTC on Thursday and a total of 7 BTC over the past week, adhering to its "one Bitcoin per day" policy [3] Group 2 - El Salvador's national Bitcoin stockpile has reached 7,547.37 BTC, valued at $624.24 million, making it the fifth-largest government holder of Bitcoin [4] - The country adopted Bitcoin as legal tender in 2021 and has continued to purchase it despite market volatility [5] - The International Monetary Fund previously requested El Salvador to halt public sector Bitcoin purchases as part of a $1.4 billion funding deal, but the country has not ceased its acquisitions [6] Group 3 - Recent purchases of gold and Bitcoin occurred after both assets experienced declines, with gold dropping 3.97% to $5,158.54 an ounce and Bitcoin falling below $82,000 [7]