🔥Germany sold its Bitcoin a few months ago. Did the strategy fail?🤔
A few months ago, it was reported through on-chain data that Germany was selling #bitcoins almost every day, when the price was around $54,000.
This was made known thanks to the intelligence platform #Blockchain @Arkham Intelligence, which had identified Germany's wallet. According to historical data, Germany sold nearly 50,000 BTC that it had confiscated.
Today, with a #Bitcoin! reaching new highs and approaching $77,000, the German government has missed out on $1.1 billion by selling its Bitcoins a few months ago.
Now, with Donald #Trump at the helm of the United States, wanting to mine Bitcoins in his country and a plan to create a "strategic Bitcoin reserve" to stop selling more Bitcoins, some countries might see this action as a good strategy and follow suit by acquiring Bitcoins.
Will Germany buy more Bitcoins again? 👀
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