The post German Government’s Bitcoin Holdings Reach $3.24 Billion After Sales appeared first on Coinpedia Fintech News
The German government initially seized 50,000 Bitcoin, sold 3,000 BTC, and currently holds over $3 billion in BTC. CryptoQuant’s founder and CEO, Ki Young Ju, has witnessed a huge profit of $1.1 billion due to the recent price hike of Bitcoin. This increase has boosted Germany’s remaining BTC holdings to $3.24 billion. Germany ranks fourth globally in Bitcoin holdings, following the US, China, and the UK. Despite price volatility, Germany maintains a major BTC position, further highlighting its significant influence on the crypto market.