Germany Sold 50,000 Bitcoin Below $60,000: Here’s How Much It Missed Out On
Posted On May 21, 2025
Bitcoin (CRYPTO: BTC) has almost doubled in price within the last twelve months, leaving sellers like the German government sidelined on a significant price increase.
What Happened: In an X post on May 21, on-chain data provider Lookonchain highlighted that between June 19 and July 12, 2024, Germany sold nearly 50,000 BTC, part of assets seized from the defunct piracy site Movie2k, at an average price of $57,600, netting $2.87 billion.
Today, that same Bitcoin stash would be worth approximately $5.33 billion, …
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