**News Flash: German Gov Misses Bitcoin Windfall**

The German government recently sold 50,000 Bitcoin seized from the movie piracy site movie2k, netting $2.87 billion. This sale, completed in July, generated a $740 million profit compared to their acquisition cost. However, Bitcoin prices surged by 16.55% right after the sale, driven by political events in the U.S., causing Germany to miss out on an additional $124 million.

The sale was prompted by legal requirements to avoid potential value drops, but critics argue the timing was off. The missed opportunity highlights the challenges governments face in managing volatile assets like Bitcoin.