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.
I remember that they sold bitcoin from seized source, not from their national investment in Bitcoin. So selling seized bitcoin from criminal activities, at any price is not a loss for German government.
Germany’s $1.7B Bitcoin loss: Selling BTC at $54K was a huge mistake.
You can call it as a loss or not as a loss, but my opinion is it's not a loss. You can say it is a loss if you bought it with your money, and sold it at lost price.