The German Government 'Sells the Top' Bitcoin, Missing Out on $2.03 Billion Potential Profit

BlockBeats News, November 23rd, according to Arkham Data, the German government previously held 49,858 bitcoins, currently valued at 4.92 billion US dollars. The German government sold its holdings of bitcoin in July of this year for 2.89 billion US dollars, at an average price of 57,900 US dollars, missing out on 2.03 billion US dollars in potential profit.