German government missed out on $1.6B by selling BTC before rally

The German government sold 50,000 Bitcoin (BTC) in July for $2.88 billion, just before a major rally spurred by Donald Trump’s U.S. presidential election win, according to The Block. With Bitcoin prices reaching new highs, that sale would now be worth $4.5 billion — a 56% increase. The U.S. government has similarly missed out on potential gains, with estimates suggesting it has forgone $16.6 billion by selling seized BTC over the past decade. Following Trump’s election, Sen. Cynthia Lummis proposed a bill to establish a “strategic Bitcoin reserve,” potentially reversing this trend.