{"id":117836,"date":"2025-05-20T19:24:12","date_gmt":"2025-05-20T19:24:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/117836\/"},"modified":"2025-05-20T19:24:12","modified_gmt":"2025-05-20T19:24:12","slug":"how-german-government-missed-out-on-2-3-billion-profits-by-selling-its-bitcoin-stash-too-early-%e2%8b%86-zycrypto","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/117836\/","title":{"rendered":"How German Government Missed Out On $2.3 Billion Profits By Selling Its Bitcoin Stash Too Early \u22c6 ZyCrypto"},"content":{"rendered":"

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The German government offloaded its Bitcoin holdings in 2024, which became a costly mistake.<\/p>\n

The price of the benchmark crypto has now soared past the $106,000 mark, costing Europe\u2019s largest economy an estimated $2.3 billion in missed profits.<\/p>\n

Germany Missed Out On $2.35 Billion<\/strong><\/p>\n

The German gov\u2019t sold 49,858 Bitcoins during the summer of 2024 as part of the plan to offload Bitcoin seized from the now-defunct film piracy website Movie2k. The average price of the sale was $57,900 per coin. According to data provided by Arkham Intelligence, Germany could have amassed far greater profits by holding onto its BTC stash a tad longer.<\/p>\n

Bitcoin\u2019s price rebounded above the psychologically important $60,000 level on July 14, a day after the German government ran out of BTC, dispelling investor fears about additional selling pressure.<\/p>\n

The price of Bitcoin jumped over 80% since the sale, trading hands at $106,306 as of press time. Arkham noted that the decision to sell the BTC early cost the German government a potential $2.35 billion in missed profit.\u00a0<\/p>\n

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\u201cIf they had held it, their BTC would now be worth $5.24B. Opportunity cost: $2.35 Billion,\u201d the blockchain intelligence firm wrote <\/a>on X.<\/p>\n

US Government Misses Out On $20 Billion<\/strong><\/p>\n

The German government isn\u2019t the only one that has missed out on potential gains by selling Bitcoin too early.<\/p>\n

According to data from Case CSO Jameson Lopp\u2019s U.S. government sales tracker, the United States government has offloaded different amounts of Bitcoin in 11 auctions over the last decade.<\/p>\n

The tracker reveals <\/a>that the U.S. government has sold 195,091.75 BTC over the years, raking in a total of $366.5 million. But at current market prices, that hoard would have been worth over $20 billion \u2014 resulting in an opportunity cost of around $20.3 billion.<\/p>\n

However, President Trump adopted a different approach after taking office in January. In March, he signed an Executive Order <\/a>authorizing the creation of a Strategic Bitcoin Reserve with BTC owned by the federal government that was forfeited as part of criminal forfeiture proceedings.<\/p>\n

Moreover, the recently reintroduced <\/a>Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2025 by Wyoming Republican Senator Cynthia Lummis would allow the US to potentially hold more than 1 million Bitcoin in its reserves if signed into law.<\/p>\n


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