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It's Not Germany Selling Bitcoin. It's One of Its States and It Has No Choice.

Since confiscating nearly $3 billion worth of bitcoin in January, Germany's state of Saxony has sold over half of its initial holdings, causing distress in the market.

作者 Helene Braun|编辑者 Nick Baker
更新 2024年7月9日 下午6:58已发布 2024年7月9日 下午6:58由 AI 翻译
The state of Saxony, located in the eastern region of Germany, is responsible for the dumping of hundreds of millions of dollars worth of bitcoin. (Harald Nachtmann/Getty Images)
The state of Saxony, located in the eastern region of Germany, is responsible for the dumping of hundreds of millions of dollars worth of bitcoin. (Harald Nachtmann/Getty Images)