๐ Bhutan Outsmarts Germany in the Bitcoin Game ๐ง๐น > ๐ฉ๐ช
Turns out the Royal Government of Bhutan knows how to time the market better than most!
Over the past year, Bhutan sold 2,162 $BTC for $188.65M at an average price of $87,249, spread across five smartly timed transactions.
Now compare that to the German government... ๐ฌ
Between June 19 and July 12, 2024, Germany offloaded 49,858 BTC for $2.87B at an average of $57,600.
Today, those same BTC would be worth $5.54B โ meaning Germany left $2.67B on the table. Ouch.
Moral of the story? Sometimes the smaller kingdoms play the crypto game way sharper. ๐