El Salvador bought dips in both Bitcoin (CRYPTO: BTC) and gold on Thursday, doubling down on its unique strategy of building reserves in both assets simultaneously.
El Salvador’s Central Reserve Bank said it purchased 9,298 ounces of gold worth $50 million, boosting total reserves to 67,403 ounces valued at $360 million.
The Banco Central de Reserva said that the acquisition consolidates its “long-term equity” and helps maintain a “prudent balance” in the composition of its foreign reserves.
Don’t Miss:
President Nayib Bukele cheered the purchase, writing, “We just bought this other dip.”
We just bought this other dip 😂 https://t.co/8CClH0GSYN
The gold purchase coincided with the country’s ongoing accumulation of Bitcoin. Data from El Salvador’s National Bitcoin Office showed 1 BTC added to the stockpile on Thursday, and a total of 7 BTC over the last week, in line with its “one Bitcoin per day” policy.
The country’s national Bitcoin stockpile has grown to 7,547.37 BTC, worth $624.24 million at current prices. As of this writing, it is the fifth-largest government holder of Bitcoin, according to bitcointreasuries.net, behind the U.S., China, and the UK.
See Also: Fast Company Calls It a ‘Groundbreaking Step for the Creator Economy’ — Investors Can Still Get In at $0.85/Share
El Salvador became the first country to adopt the leading digital asset as its legal tender in 2021 and has continued to add more regardless of price swings or global market volatility.
The International Monetary Fund had asked El Salvador to halt public sector Bitcoin purchases as part of a $1.4 billion funding deal earlier this year. While the country tweaked its Bitcoin law and made the acceptance of Bitcoin voluntary rather than mandatory, it hasn’t stopped its purchases, as the country’s primary currency.
The purchases come after both Bitcoin and gold recorded declines. Spot gold’s record-shattering rally reversed, dragging it down 3.97% to $5,158.54 an ounce.
The apex cryptocurrency tumbled below $82,000, hitting levels last seen in April.
Image via Shutterstock
Read Next:
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That’s why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn’t tied to the fortunes of just one company or industry.
Rad AI’s award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the rapidly growing AI and tech sector, Rad AI offers a chance to get in on the ground floor of a data-driven growth story.
Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100. This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly.
Lightstone DIRECT gives accredited investors direct access to institutional-grade real estate, going beyond typical crowdfunding platforms. By cutting out middlemen, it aligns investor and manager interests while providing exposure to a $12B+ portfolio spanning multifamily, industrial, hospitality, retail, office, and life science properties. This approach allows investors to diversify their portfolios across multiple property types and markets, gaining professional-grade real estate exposure without the fees or misalignment common on other platforms.
Domain Money helps professionals and households earning $100,000+ take control of their finances with personalized, CFP professional-led guidance. By offering tailored financial planning, Domain empowers users to make smarter, more confident decisions across investments, retirement, taxes, and overall wealth strategy.
Masterworks enables investors to diversify into blue-chip art, an alternative asset class with historically low correlation to stocks and bonds. Through fractional ownership of museum-quality works by artists like Banksy, Basquiat, and Picasso, investors gain access without the high costs or complexities of owning art outright. With hundreds of offerings and strong historical exits on select works, Masterworks adds a scarce, globally traded asset to portfolios seeking long-term diversification.
BAM Capital offers accredited investors a way to diversify beyond public markets through institutional-grade multifamily real estate. With over $1.85 billion in completed transactions and guidance from Senior Economic Advisor Tony Landa, the firm targets income and long-term growth as supply tightens and renter demand remains strong—especially in Midwest markets. Its income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility.
As digital assets become a larger part of diversified portfolios, traders increasingly look for platforms that offer transparency, efficiency, and control. Kraken Pro is an advanced trading interface from Kraken, one of the world’s leading cryptocurrency exchanges, designed for users who want more sophisticated tools without added complexity. With low, volume-based fees, a streamlined interface for managing spot, margin, and futures trading, and a strong focus on security and regulatory compliance, Kraken Pro provides a way to gain diversified crypto exposure through a clear, professional-grade trading experience.
REX Shares designs specialized ETFs for investors who want more precision than traditional broad-market funds can offer. Its lineup spans options-based income strategies, leveraged and inverse exposures, spot-linked crypto ETFs, and thematic funds tied to structural trends. By targeting specific income objectives, volatility profiles, or market themes, these ETFs can be used alongside core holdings to introduce differentiated return drivers and reduce reliance on a single market outcome, while maintaining the liquidity and transparency of the ETF structure.
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga:
This article Nayib Bukele Says ‘We Bought The Other Dip’ As El Salvador Loads Up On Gold And Bitcoin originally appeared on Benzinga.com
