In July, Germany sold nearly 50,000 bitcoins from confiscated assets for $2.8 billion, but now this amount stands at $4.5 billion, signifying a missed profit of $1.7 billion. The 53% rise in bitcoin over two months, spurred by Trump’s election victory, pushed its price to $88,000. The sale was part of an investigation into the piracy site Movie2k.co when BTC was priced at $43,000.
11/12/2024 12:56:08 PM (GMT+1)
Germany sold 50,000 bitcoins for $2.8 billion in July, but has now missed out on $1.7 billion in profit as bitcoin rose 53% to $88,000 over 60 days 📉
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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