The German government just missed the opportunity to earn an additional $124 million from Bitcoin (BTC) because it sold too early. 🚀

- On July 13, the state of Saxony sold 50,000 BTC from movie2k, earning $2.87 billion, a profit of $740 million compared to the purchase price of $2.13 billion.

- After the sale, BTC price increased 16.55% due to the assassination of former US President Donald Trump, increasing his chances of re-election.

- If sold in March when BTC peaked at $74,000, Saxony could profit $1.5 billion.

- Dresden Prosecutor's Office sold urgently because it was worried that BTC would drop more than 10%.

- BTC saw the 5th largest inflow of the week with $1.35 billion, while short-BTC saw the largest outflow since April with $8.6 million.

What do you think about the German government's decision? Comment! 💬#Bitcoin#Crypto#Blockchain#Finance #BTC