The German government’s early sale of 49,858 Bitcoin, conducted last July, resulted in a realized profit of 2.8 billion USD. Now, with Bitcoin exceeding 120,000 USD, their potential profits have significantly diminished, showing the consequences of timing in cryptocurrency transactions.
Past actions by the US government reflect similar missed opportunities in Bitcoin sales, with over 195,000 BTC auctioned for just 366 million USD, now worth over 23 billion USD. This highlights the volatility and potential profitability within the cryptocurrency market.
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