German MP Joana Cotar has criticized the government's rapid Bitcoin sell-offs, arguing that it should be held as a strategic reserve currency. Cotar believes that Bitcoin could serve as a valuable asset for diversifying the country's treasury and protecting against inflation and currency devaluation. Over the past month, the German government sold 8,611 BTC, resulting in a net portfolio change of -$820 million. Despite this, the government still holds 41,226 BTC, valued at approximately $2.28 billion.

Recent reports indicate that the German government transferred approximately 1,300 coins to centralized exchanges. These sales and transfers have raised suspicions, particularly regarding the wallet associated with the German Federal Criminal Police Office, which made a transfer of 6,500 coins. These assets were seized in 2013 from the operators of a film piracy website.

Justin Sun, founder of the TRON blockchain, has expressed his willingness to negotiate with the German government to acquire all BTC off-market. The ongoing sale of Bitcoin by the German government, along with the anticipated $9 billion compensation payout to creditors of the collapsed cryptocurrency exchange Mt. Gox, have been linked to the recent decline in Bitcoin prices. Despite these challenges, the potential of Bitcoin as a strategic reserve currency remains strong.