Michael Saylor calls on Germany not to sell bitcoins
MicroStrategy founder Michael Saylor wrote a post in X in German, in which he asked not to sell the first cryptocurrency.
The publication comes after it was reported that the German Criminal Police Department and the General Prosecutor's Office sold all 49,860 BTC, worth about $2.9 billion, confiscated from the pirate portal Movie2k in January.
The assets seized by the Saxony Police Department were stored in the wallet of the German Federal Criminal Police Office (BKA).
Regional legislation provides for the liquidation of seized funds within a certain period. With this, co-founder and CEO of Blockchain Research Lab Lennart Ante explained the sales of bitcoins by the authorities, which began with small amounts on June 19.
