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<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>The German government sold 50,000 Bitcoin at $54K each, losing $2.4 billion in missed profits.</em></li>  
 <li><em>After the sale, Bitcoin’s price surged to over $69K, increasing the potential profit from their holdings by billions.</em></li>  
 <li><em>Critics argue that the government acted too hastily, overlooking Bitcoin’s long-term growth potential.</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>The German government recently sold off 50,000 Bitcoins at $54,000 apiece, possibly costing the country a minimum of $2.4 billion. </strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/On-Black-19-1024x576.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/On-Black-19-1024x576.jpg" alt="German Government Loses $2.4 Billion by Selling 50,000 Bitcoin at $54K" class="wp-image-295496"></a>
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<h2 class="wp-block-heading" id="germany-s-2-4-billion-loss-from-bitcoin-sale">Germany's $2.4 Billion Loss from Bitcoin Sale</h2>  
<p>The whole sale was made in 2021 but became all the more controversial as Bitcoin started to soar in the coming years. The <a href="https://www.bundesregierung.de/breg-en" data-type="link" data-id="https://www.bundesregierung.de/breg-en" rel="noopener noreferrer nofollow">German government</a> was looking to sell off its stake at the time, which it had acquired through confiscating money from criminal activity.</p>  
<p>But <a href="https://coincu.com/295362-top-reactions-to-bitcoin-reaching-100000/" data-type="link" data-id="https://coincu.com/295362-top-reactions-to-bitcoin-reaching-100000/" rel="noopener noreferrer nofollow">Bitcoin's price </a>has since gone parabolic, topping $60,000 in late 2021 and rising above $69,000 in 2022—to an even greater opportunity cost. If the government had retained the 50,000 BTC, its current asset valuation would be approximately $5 billion or a gain in unrealized profits of $2.4 billion.</p>  
<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/268364-german-government-bitcoin-sale-nearly-2-9b/" data-type="link" data-id="https://coincu.com/268364-german-government-bitcoin-sale-nearly-2-9b/" rel="noopener noreferrer nofollow">German Government Bitcoin Sale Helps Recover Nearly $2.9 Billion</a></p>  
<h2 class="wp-block-heading" id="criticism-of-germany-s-hasty-decision-to-sell-bitcoin">Criticism of Germany's Hasty Decision to Sell Bitcoin</h2>  
<p>That decision to sell at $54,000 per Bitcoin has been criticized, especially as investors well understood Bitcoin's volatility and potential for growth. Indeed, many consider that the government acted in a rush without trying to examine the long-term potential of holding Bitcoin as a store of value. The timing of the sale and the subsequent missed profits tend to question the decision-making process behind the government's holding of cryptocurrencies.</p>  
<p>The large price swings in Bitcoin have always been contentious, with some positing that it can offer a hedge to inflation and a store of value. The move by the German government to offload its stash at such a critical juncture has now turned into a case study of the risks of misjudging the market. Many feel that, in hindsight, the government could have come out a lot richer if they had held on to Bitcoin until its value appreciated even more.</p>  
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on<a href="https://coincu.com/" rel="noopener noreferrer nofollow">&nbsp;this website</a>&nbsp;is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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German Government Loses $2.4 Billion by Selling 50,000 Bitcoin at $54K

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