El Salvador’s Smart Reserve Move! 📰
The central bank added $50M worth of gold (9,298 oz), pushing total gold reserves to 67,403 oz ($360M). While the government continues its 1 BTC per day strategy, now holding 7,547 coins, valued around $635M.
🟡 Gold! Time tested hedge against inflation and global uncertainty
🟠 Bitcoin! Asymmetric upside, sovereign digital reserve, long-term optionality
While many central banks debate what’s “safe,” El Salvador is balancing old world stability with new world innovation! 🫶
Source: Coindesk
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