German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows – Bitcoin.com News

According to recent onchain data, the German government still holds over 40,000 bitcoins even after a recent sale. This news comes as a surprise to many, as the government had previously announced plans to sell off a portion of its holdings. Despite this, it seems that the government has decided to hold onto a significant amount of its bitcoin stash.

The decision to hold onto these bitcoins may indicate that the German government sees long-term potential in the cryptocurrency. Bitcoin has been gaining more mainstream acceptance in recent years, with many investors viewing it as a valuable asset to hold in their portfolios.

It remains to be seen what the German government plans to do with its remaining bitcoins. Will they continue to hold onto them as a long-term investment, or will they eventually decide to sell them off? Only time will tell, but for now, it seems that the German government is holding onto its bitcoin holdings for the foreseeable future.