So after missing out a huge profit before, the government of Germany has plans to reinvest again,
Germany to Reinvest in Bitcoin After $3.1 Billion Loss in Previous Sale.Berlin, Jan 5 (Reuters) – The German government announced on Friday its plans to reinvest in Bitcoin following a $3.1 billion loss from selling its holdings during a market downturn in late 2022. At the time, the government had liquidated its Bitcoin reserves, citing heightened market volatility and growing regulatory uncertainties. The sale occurred as Bitcoin’s value plunged to multi-year lows, a decision that now appears premature given the cryptocurrency’s subsequent rebound. Bitcoin prices more than doubled in 2024, fueled by increased institutional adoption and renewed investor confidence in decentralized finance. The German Finance Ministry described the decision to reinvest as a strategic recalibration aimed at capitalizing on the evolving role of cryptocurrencies in the global financial system.
So obviously, they've missed out, but then again, it's not too late as every countries is talking about investing into Bitcoin and making it their national reserves. And with the incoming President of the US talking about it, definitely it has a ripple effects on most countries around the world.
You can follow it here if they made the purchase or not:
https://intel.arkm.com/explorer/entity/germany