Germany Misses on Close to $2 Billion by Selling Bitcoin Too Early
19.11.2024
At current prices, the 49,858 BTC sold could have been worth around $4.38 billion.
Germany’s decision to offload nearly 50,000 Bitcoin in July at $53,000 per coin has resulted in an estimated loss of $2.015 billion, as Bitcoin has now reached a new all-time high of $93,434.
At current prices, the 49,858 BTC sold could have been worth around $4.57 billion.
The Bitcoin assets were sold between June 19 and July 12, generating roughly $2.8 billion for German authorities.
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