1Bitcoiner.com on Nostr: 23 Jul 24 - 📉 The German state of Saxony sold 50,000 BTC, seized from the movie ...
23 Jul 24 - 📉 The German state of Saxony sold 50,000 BTC, seized from the movie piracy site movie2k, for $2.87B. Shortly after, BTC's value surged, causing Saxony to miss out on an additional $124M. The sale, driven by volatility concerns, resulted in a $740M profit.
Published at
2024-07-23 11:06:49Event JSON
{
"id": "bbe52b23df19d625a00e372c7c87901bd347e9f83b3159539cd777ab946a9963",
"pubkey": "2036408a130912e2b0317226ecc4ded647c4bc99215e2a01570027870d266b02",
"created_at": 1721732809,
"kind": 1,
"tags": [],
"content": "23 Jul 24 - 📉 The German state of Saxony sold 50,000 BTC, seized from the movie piracy site movie2k, for $2.87B. Shortly after, BTC's value surged, causing Saxony to miss out on an additional $124M. The sale, driven by volatility concerns, resulted in a $740M profit.",
"sig": "b3d4f6fc5a6dfc1e3b1711d4fffd2c8db31a103d58300ebd9d34729328fa4b7c78a5e0385b4f322d9574883a1309462e895efd7737ec5e9f7051c1bd3285e254"
}