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El Salvador boosts bitcoin reserves to 7,600 BTC amid price dip under $66,000

Market News
03 Jun 2026
Bitcoin
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Neutral
El Salvador boosts bitcoin reserves to 7,600 BTC amid price dip under $66,000

El Salvador continues to increase its bitcoin holdings, now nearing 7,600 BTC valued at over $510 million, despite bitcoin prices falling below $66,000. The government has maintained a policy of buying about one bitcoin per day since early 2026, viewing market dips as buying opportunities. This accumulation persists even under IMF pressure, which has softened bitcoin's mandatory acceptance in the country. The growing reserve supports El Salvador's broader financial modernization goals and serves as a political statement of confidence in bitcoin, though critics warn of risks to the small economy.

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Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...

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Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

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1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

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Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

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Qualcomm renews Apple patent deal, shares could rise 16% with new growth in data centers and automotive sectors.

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