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Bitcoin

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Arkham

<ul class="news-points">
 <li>The U.S. holds the largest share of Bitcoin, with an estimated $12B among other governments.</li>
 <li>Germany plans to sell around $1.08 billion worth of seized Bitcoin through over-the-counter trades.</li>
 <li>El Salvador’s $314 million Bitcoin holdings represent a strategic investment in its national strategy to adopt Bitcoin as legal tender.</li>
</ul>
Data analytics firm Arkham revealed that several governments hold a combined $17.8 billion worth of Bitcoin, raising <a href="https://coinedition.com/bitcoin-fear-greed-index-why-mt-gox-and-government-sales-are-spooking-investors/" rel="noopener noreferrer nofollow">concerns about potential liquidations</a> and their impact on the crypto market.
The United States, the United Kingdom, Germany, and El Salvador are among the governments holding significant amounts of Bitcoin, each with varying strategies for managing these digital assets.
The U.S. government holds the <a href="https://platform.arkhamintelligence.com/dashboards/view?dashboardID=47d779bb-3c6f-4dd3-8f8e-1f6602e2f631" target="_blank" rel="noopener noreferrer nofollow">largest Bitcoin portfolio</a>, with an estimated $12 billion worth of BTC, primarily seized from high-profile criminal cases such as the 2013 Silk Road shutdown.
Historically, the U.S. has auctioned seized Bitcoin, but recent reports suggest a shift towards more market-based approaches, including over-the-counter (OTC) sales. However, the timeline for future sale…
The post <a href="https://coinedition.com/bitcoins-future-analyzing-the-impact-of-government-held-btc/" rel="noopener noreferrer nofollow">Bitcoin’s Future: Analyzing the Impact of Government-Held BTC</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s Future: Analyzing the Impact of Government-Held BTC

Coin Edition

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