In July 2024, the German government sold approximately 50,000 Bitcoin at an average price of $54,000 per coin, totaling around $2.7 billion.

By November 12, 2024, Bitcoin’s price had surged to approximately $88,000, significantly higher than the sale price.

Had the government retained its holdings until November, the value would have been approximately $4.4 billion, indicating a missed profit opportunity of about $1.7 billion.

The decision to sell was influenced by legal and financial considerations, including asset seizure protocols and market volatility concerns.

Critics argue that holding the assets longer could have yielded greater returns, while others support the sale as a prudent move to mitigate risks associated with cryptocurrency volatility.

The sale’s impact on the market was notable, contributing to short-term price fluctuations and sparking discussions on governmental roles in cryptocurrency markets.

This event underscores the complexities governments face in managing digital assets and the challenges in timing market transactions for optimal financial outcomes.

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