German Government Misses Out on $1.6 Billion from Early Bitcoin Sale

Costly Timing in Bitcoin Sale

The German government missed out on up to $1.6 billion after selling 50,000 BTC just before Bitcoin’s major rally post-U.S. election. Sold in July at an average price of $57,600, the BTC would now be valued around $4.5 billion, reflecting a 56% appreciation due to recent market highs.

U.S. Government’s Similar Missed Opportunity

The U.S. government has also faced missed gains, having sold nearly 200,000 BTC in multiple auctions over the past decade. These sales, amounting to $366.5 million, would now be worth close to $17 billion, underscoring the financial impact of liquidating BTC before its market value appreciated.

Potential Strategic Shift in Bitcoin Holdings

Following Trump's election, he proposed a strategic approach to hold seized BTC rather than selling it, aiming to build a national reserve. Senator Cynthia Lummis has also drafted a bill proposing the U.S. acquire up to 1 million BTC, establishing a strategic reserve to bolster the dollar with a “digital hard asset,” reflecting growing interest in maintaining BTC as a national asset.