Germany Sells 50,000 BTC at $54K, Losing $872 Million as Bitcoin Value Surges to $3.75 Billion

Germany's recent decision to sell its Bitcoin holdings has drawn criticism as the cryptocurrency's value has surged. The German government sold 50,000 BTC at approximately $54,000 each in July, resulting in a loss of $872 million, as the current value of those holdings would have been around $3.75 billion.

Analysts have pointed out that had Germany retained its Bitcoin, it could have gained an additional $1.095 billion in value. This situation has sparked discussions about the management of the country's financial decisions, especially in light of the U.S. government's plans to create a Strategic Bitcoin Reserve.

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