That article is a bit misleading to me; firstly, there was no bitcoin reserve that was sold out, and no profit was lost.
Saxony is a city in Germany that sold confiscated Bitcoin and not the Bitcoin they bought and reserved, as the article presumes.
Berlin, the capital of Germany is the one that have proposed to buy bitcoin, which is what I will consider to be a reserve and not the first seized and sold-out bitcoin. Unless their is something that I’m missing..
It’s good news, and more of such will still be coming out, if not every month.
Agreed.
Heard this story lots of times, and people do forget that the seized Bitcoin are not the same as bought ones - by the gov logic, they should sell them in any case, slowly or not.