## German Government Missed Huge Bitcoin Profits The German government reportedly missed out on a potential $3 billion (₩4 trillion) profit by selling a significant portion of its Bitcoin holdings in July of last year. According to CryptoBriefing, the government liquidated approximately 50,000 BTC at an average price of $57,900, generating $2.87 billion. This sale occurred before Bitcoin's subsequent price surges, highlighting the challenge of timing the market even for government entities. ## US Government Also Faced Similar Bitcoin Loss The report also drew parallels to the US government's Bitcoin sales. Over a 10-year period, the US government auctioned off 195,000 BTC for approximately $366 million. This resulted in a staggering missed potential profit exceeding $23 billion. These cases underscore the volatile nature of cryptocurrency investments and the difficulty in predicting long-term value appreciation. Both governments could have significantly benefited from holding onto their Bitcoin assets. ```

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