The U.S. government has sold at least 195,000 BTC since 2014 for a profit of more than $366 million
Casa co-founder Jameson Lopp tracked bitcoin sales by the U.S. government and found that since 2014, the U.S. government has seized and sold at least 195,091 bitcoins for a profit of more than $366 million. According to data site Bitcoin Treasuries, the U.S. government currently owns 213,546 bitcoins worth more than $13 billion at current market prices, making it one of the largest bitcoin holders in the world. Meanwhile, the German government is the world's fourth-largest sovereign holder of Bitcoin, behind China and the United Kingdom, with 46,359 Bitcoins.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst: $80,000 is the key resistance level for BTC, and a breakout could trigger amplified volatility
Data: The current Crypto Fear & Greed Index is 32, indicating a state of fear.
Data: If BTC breaks $80,965, the cumulative short liquidation intensity on major CEXs will reach $713 million.
RootData: CHEEL will unlock tokens worth approximately 2.82 million dollars in one week