On January 30, the Central Bank of El Salvador announced that it would spend $50 million to buy gold, while the El Salvadoran government will continue to increase its holdings of Bitcoin. El Salvador still buys 1 Bitcoin per day as usual, holding 7,547 Bitcoins worth $635 million.
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El Salvador spent $50 million on gold
On January 30, the Central Bank of El Salvador announced that it would spend $50 million to buy gold, while the El Salvadoran government will continue to increase its holdings of Bitcoin. El Salvador still buys 1 Bitcoin per day as usual, holding 7,547 Bitcoins worth $635 million.