Skip to content Skip to footer
Cryptocurrency Headline Short News

The German Government Misses Out On A $2.3 Billion Profit

May 21, 2025
0Comments
Share This Article
Share Post
Newsletter

Subscribe to your email.

Subscribe

A blockchain intelligence company named Arkham reported that the German government forfeited more than $2 billion in Bitcoin profits after liquidating its assets in 2024.

A cryptocurrency wallet labeled “German Government (BKA)” sold 49,858 Bitcoin, which amounted to more than $2.89 billion at an average price of $57,900 through several transactions in June and July 2024.

According to Arkham, the government’s early decision to sell its Bitcoin resulted in a loss exceeding $2.35 billion.

0LikesShare Post
Leave a comment

Leave a comment

DefinedIQ is your gateway to information on the latest technologies, their impact on our lives and all the surrounding legal, regulatory and ethical aspects. Whether you’re a tech enthusiast, inquisitive learner, investor or entrepreneur, we aim to deliver simplified, high-quality educational content in your preferred format.

Sign Up to Our Newsletter

Be the first to know the latest updates

  • bitcoinBitcoin (BTC) $ 105,671.00
  • ethereumEthereum (ETH) $ 2,559.67
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.22
  • bnbBNB (BNB) $ 655.66
  • solanaSolana (SOL) $ 150.26
  • usd-coinUSDC (USDC) $ 0.999768
  • tronTRON (TRX) $ 0.279484
  • dogecoinDogecoin (DOGE) $ 0.172123
  • staked-etherLido Staked Ether (STETH) $ 2,560.57
  • cardanoCardano (ADA) $ 0.626030
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,573.00
  • hyperliquidHyperliquid (HYPE) $ 40.10
  • wrapped-stethWrapped stETH (WSTETH) $ 3,082.72
  • suiSui (SUI) $ 2.92
  • bitcoin-cashBitcoin Cash (BCH) $ 462.48
  • chainlinkChainlink (LINK) $ 13.33
  • leo-tokenLEO Token (LEO) $ 9.21
  • stellarStellar (XLM) $ 0.257868
  • avalanche-2Avalanche (AVAX) $ 19.03
  • the-open-networkToncoin (TON) $ 3.01
  • whitebitWhiteBIT Coin (WBT) $ 50.80
  • usdsUSDS (USDS) $ 0.999770
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,737.82
  • wethWETH (WETH) $ 2,560.46
  • litecoinLitecoin (LTC) $ 85.59
  • hedera-hashgraphHedera (HBAR) $ 0.152751
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 323.71
  • ethena-usdeEthena USDe (USDE) $ 0.999794
  • polkadotPolkadot (DOT) $ 3.78
  • bitget-tokenBitget Token (BGB) $ 4.49
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,627.00
  • uniswapUniswap (UNI) $ 7.49
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.566108
  • aaveAave (AAVE) $ 271.75
  • daiDai (DAI) $ 0.999457
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 354.83
  • okbOKB (OKB) $ 49.05
  • aptosAptos (APT) $ 4.57
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • internet-computerInternet Computer (ICP) $ 5.30
  • crypto-com-chainCronos (CRO) $ 0.089376
  • nearNEAR Protocol (NEAR) $ 2.22
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.82
  • ethereum-classicEthereum Classic (ETC) $ 16.73
  • susdssUSDS (SUSDS) $ 1.06