Germany Nears Completion of Massive Bitcoin Sell-Off as Reserves Dwindle

1 min read

11 months ago bitnews

The German state of Saxony has been actively reducing its Bitcoin holdings after offloading another batch of seized cryptocurrency assets on Thursday. Earlier in the year, the state had confiscated Bitcoin from Movie2K, a notorious film piracy website, and began liquidating approximately $3 billion in BTC through auctions. This week alone, Germany has sold off