On July 14, 2025, the cryptocurrency market continued to capture attention as Bitcoin’s price surpassed $120,000, highlighting the regrettable financial decisions made by governments worldwide.
Among them, the German government is noted for missing out on an opportunity to reap approximately $3 billion in profits by selling nearly 50,000 Bitcoin last summer at just $57,900 each. Specifically, 49,858 BTC were sold between June 19 and July 12, 2024, generating $2.89 billion from assets seized in the “Movie2k” case, which involved illegal activities of an online platform. At current market prices, this Bitcoin is now valued at over $6 billion.
Not just Germany, the U.S. government also faces a similar situation, having continuously sold off Bitcoin over the past decade. Statistics show that the U.S. auctioned more than 195,000 Bitcoin between 2014 and 2024, raising a mere $366 million. Jameson Lopp, Security Director at Casa, a cryptocurrency security firm, stated that this Bitcoin is now worth over $23 billion.
Related: Bitcoin Could Reach $200,000 by the End of This Year
Currently, the U.S. government holds approximately 198,000 BTC, equivalent to nearly $24 billion at market prices, making its Bitcoin reserve one of the largest state-owned cryptocurrency wallets in the world.
