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daneriksson / Dan Eriksson
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2025-01-20 08:57:28

daneriksson on Nostr: Way to go, German government. By selling 50,000 BTC in July 2024 at $57,710 each, ...

Way to go, German government. By selling 50,000 BTC in July 2024 at $57,710 each, they’ve effectively missed out on an additional $2.53 billion in value as of today’s price, $108,323.

That’s roughly $12.47 million lost every single day since the sale.

The best move? Clearly, holding it as a strategic reserve. But hey, hindsight is 20/20.

⚡️🇩🇪 BREAKING: The German government's decision to sell 50,000 #Bitcoin at $54K has cost them over $2.5 billion in missed profits. #Rekt
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