The German Government Sold Its Bitcoin—Here's How Much It

Nov 12, 2024 · The German government may have missed a substantial financial gain, estimated at $1.6 billion, due to the timing of its Bitcoin BTC/USD sales.. What Happened: In July, Germany sold 50,000 bitcoin ...

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The German Government Sold Its Bitcoin—Here's How Much It

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benzinga.com

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Germany Sells Off Final Bitcoin Reserves From Initial $3B Worth Of …

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Jul 15, 2024 · The German government completed the sale of its remaining Bitcoin holdings on July 12. ... The majority of the 50,000 Bitcoin sold by the German government over the past …

yahoo.com

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The German Government Owns Around $2 Billion In Bitcoin — And …

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Jul 8, 2024 · For weeks, Germany's government has been selling hundreds of millions of dollars worth of bitcoin, placing pressure on the world's largest cryptocurrency.

cnbc.com

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Inside Germany's Bitcoin Reserves: What Is The Government Holding?

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Sep 9, 2024 · The German Government sold 49,858 BTC for $2.89B - an average price of $57,900 from assets seized from the Movie2K piracy case through a carefully executed sale …

bitquery.io

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German Government Begins Massive Bitcoin Sell-Off, Sparking …

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Jun 21, 2024 · The German government has commenced the sale of a significant Bitcoin stash seized from the operators of a movie piracy website. Over $195 million in Bitcoin was sold in …

yahoo.com

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Bitcoin Drops As German Government Unloads Over $900M Worth …

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Jul 8, 2024 · With the latest transfers, the German government is more than halfway through its selling spree, with holdings now reduced to 23,788 BTC worth $1.3 billion from 50,000 BTC …

yahoo.com

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Bitcoin Dips 3.5% As German Government Sells $325 Million BTC

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Jun 21, 2024 · German police seized 50,000 BTC from the piracy website in January, which it described in a press release as the “most extensive security of Bitcoins by law enforcement …

decrypt.co

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Germany Sells Entire Remainder Of Its Bitcoin Holdings Worth $2.9B

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The German government has sold its entire Bitcoin holdings, totaling around $2.9 billion, over the past 24 hours. Data from Arkham Intelligence revealed this massive sell-off, which has now …

bitbo.io

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Here’s How Much Bitcoin Germany Has Sold So Far - Finbold

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Jul 5, 2024 · Over the past ten days, 6,625 Bitcoins have been sold for a total profit of $397 million, leaving the German government with 39,816 Bitcoins in its reserves worth $2.2 billion. …

finbold.com

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Why The German Government Selling Bitcoin - Bitget

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Jul 11, 2024 · The crypto community kind of panicked when the German government decided to sell off a lot of its Bitcoin. The price of Bitcoin plunged, falling below $55,000—a level not seen …

bitget.com

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Here’s How Much Germany Would Have If It Didn’t Sell All Its Bitcoin

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Since the BTC price is higher now, here’s how much the German government’s holdings would be if it had not sold. German Government’s 50,000 BTC Would Be Worth $3.27 Billion. The …

bitcoinist.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Ask A Question Or Make A Comment - Sky News

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21 hours ago · The pound is up and government borrowing costs are down. After the announcement, the pound tipped back up to over $1.22. The 10-year borrowing, a benchmark …

sky.com

FAQs about The German Government Sold Its Bitcoin—Here's How Much It Coupon?

Does Germany still sell bitcoin?

With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC. The German government has resumed selling its Bitcoin holdings on July 12. The move follows the return of some previously transferred BTC to the government’s Bitcoin wallet. ...

Why did Germany sell bitcoin on July 12?

The German government has resumed selling its Bitcoin holdings on July 12. The move follows the return of some previously transferred BTC to the government’s Bitcoin wallet. According to Arkham blockchain data, the German government executed multiple transactions, transferring a total of 3,200 Bitcoin (BTC) across various platforms. ...

How much bitcoin does Germany still hold?

Despite these sales, the German government still holds approximately $3.05 billion in Bitcoin. This move is part of a recent trend of large-scale Bitcoin transactions by German authorities, with substantial funds being transferred to major exchanges like Coinbase, Kraken, and Bitstamp, hinting at further sales. ...

What happened to bitcoin in Germany?

The German government completed the sale of its remaining Bitcoin holdings on July 12. The final transaction involved 3,846 Bitcoin, valued at around $62,604 per Bitcoin, which were sent to "Flow Traders and 139Po," entities likely to institutional deposit/OTC services, according to Arkham Intelligence. ...

How many Bitcoins are there in Germany?

According to Arkham Intelligence, which tracks movements from the German government's bitcoin wallet, the tokens began moving as far back as 2013 when they were originally seized. Today, Germany's BKA holds roughly 32,488 bitcoins. At current prices, the government's holdings are worth roughly $1.9 billion. ...