El Salvador's $50M Gold Bet Highlights a New Split in Bitcoin's Next Move

Friday, Sep 5, 2025 4:16 am ET1min read

El Salvador has bought $50m worth of gold, its first such move in 35 years. The country also holds 6,283 BTC, showing a twin bet on gold and Bitcoin. Gold's rise and Bitcoin's weakness highlight a new split, shaping Nayib Bukele's strategy. The move signals to international markets and lenders that the country is not "all-in" on Bitcoin, while helping build trust at a time when the country needs it.

El Salvador's $50M Gold Bet Highlights a New Split in Bitcoin's Next Move