Urgent Alert 🚨⚠️: A Monumental Financial Error by the German Government
This moment will be etched in history, a significant event the German populace will recall for years to come: a government squandering its vast digital assets at remarkably low prices, akin to Russia's infamous sale of Alaska. The German government now holds #Bitcoin valued at just $1.
According to Arkham's monitoring, the German government currently holds Bitcoin worth a mere $1. Over the past three weeks, the government transferred its entire balance of 49,860 $BTC (valued at $2.9 billion) to exchanges and market makers. Just two hours after sending the last batch of Bitcoin, the German government received a minuscule amount of 0.0000321 Bitcoin from an unknown source, bringing the nation's Bitcoin holdings to just under $2.
This decision represents a historic financial misstep, raising questions about the government's strategy and foresight. The rapid liquidation of such a substantial amount of Bitcoin at low prices highlights the need for more prudent financial management and foresight in handling national assets. The German people and the global financial community are left to ponder the implications of this drastic move.
