Germany Misses $3B Profit After Bitcoin Sale at $57K

Germany Misses $3B Profit After Bitcoin Sale at $57K

Given that the price of Bitcoin has since more than doubled, Germany's choice to sell off almost 50,000 of the cryptocurrency at $57,900 apiece in the middle of 2025 was a huge loss of opportunity. Bitcoin recently hit $120,000, according to TradingView statistics, increasing the sold assets' notional value to about $6 billion. The sale was carried out by the Saxon Central Office for the Custody and Utilization of Virtual Currencies betw...

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