Finland Sells 1,900 BTC — and Says $47M Will Be Donated to Ukraine
Bitcoin

Finland Sells 1,900 BTC — and Says $47M Will Be Donated to Ukraine

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4 months ago

Had this Bitcoin been sold back in November 2021, when Bitcoin had hit highs of $68,700, the crypto stash would have been worth a whopping $130 million.

Finland Sells 1,900 BTC — and Says $47M Will Be Donated to Ukraine

Elon Musk isn't the only one selling off a lot of Bitcoin.

Finland has offloaded 1,900 BTC that was seized from drugs-related crimes.

The country had announced the plans earlier this year, and was seeking two crypto brokers to assist with the transaction.

Unfortunately, the delays have caused the value of this Bitcoin to fall rather substantially — with a final selling price of about $47 million.

Finland says that the cash is going to be donated to Ukraine, in what will become the biggest crypto-related contribution that the country has received.

Had this Bitcoin been sold back in November 2021, when Bitcoin had hit highs of $68,700, the crypto stash would have been worth a whopping $130 million.

Politicians have already approved the plans to give the cash to Ukraine.

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