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German government’s “premature” Bitcoin sales result in losses rising to $3.4 billion
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According to ChainCatcher, the German government previously sold all of its nearly 50,000 bitcoins at an average price of around $57,900. However, based on bitcoin's current price of approximately $125,000 today, these bitcoins would now be worth $6.29 billion, meaning the German government missed out on potential gains of up to $3.4 billion.
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