How Much Money Would Germany Make if it Sold all its Bitcoin at Today’s Prices?

After several weeks of a major sell-off, the German government liquidated the last of its Bitcoin holdings last Friday.

Over the past three weeks, the German government has sold nearly 50,000 BTC that was previously seized from a piracy website.

This massive sell-off has put significant pressure on the price of the digital currency, preventing it from breaking above $60,000 and even causing it to plunge to a four-month low.

However, the market was then reminded of its dynamics and surprisingly saw a strong rise and since then Bitcoin has appreciated, crossing the $65,000 mark and staying there for the past few months.

Had the German government not sold its BTC tokens, today (July 17) the value would have reached $3.270 billion, with the asset price at $65,400 at the time of writing. Considering that at the time of confiscation those 50,000 BTC were worth about $2.2 billion, the country would have made over $1 billion profit had it sold them at today’s prices.

German lawmaker Johanna Cotard earlier criticized the large-scale sale of state crypto holdings, describing it as “unheard of and counterproductive.” She suggested that Bitcoin could be used effectively as a strategic reserve currency, a concept currently being discussed in several countries.

When the government decided to liquidate all its Bitcoin holdings, Kotar sarcastically stated:

Congratulations, you’d have to be pretty stupid to do something like that.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.