$BTC

Governments Are Offloading Their Bitcoin

The German government began selling $3 billion worth of Bitcoin in June. Just today, they’ve reportedly sent another 1,500 $BTC ($94.7M) to exchanges.

Moreover, the U.S. government is following suit. They’ve sold 3.94K $BTC (worth $240M), which they’ve previously seized from Silk Road

It's ironic that while the SEC is suing Coinbase, the government is using the exchange to sell their Bitcoin🤣