Publicar

Germany's 2024 sale of 49,858 BTC for $2.89 billion is now being viewed more favorably as Bitcoin trades around $62,000—just 7% above the government's average selling price of $57,900. The sale was heavily criticized after Bitcoin surged in 2024 and 2025, with many calling it a major missed opportunity. At its peak, the holdings would have been worth more than $6.6 billion. However, Bitcoin's recent correction has significantly narrowed the gap. A further 6% decline would bring the market price below Germany's exit level, making the government's timing look much more effective in hindsight. The downturn has been fueled by capital shifting from crypto to AI-related investments, ETF outflows, and large-scale liquidations in crypto derivatives markets. As a result, what was once seen as a costly mistake is increasingly being viewed as a well-timed liquidation.