It’s good news, and more of such will still be coming out, if not every month.
It is laughable news, because if Germany wanted to buy and hold some Bitcoin in the first place, then they should've contacted Saxony first and told them not to sell their bags. Bam - problem solved. No hits on the budget deficit required. But yeah, "crypto is bad money laundering tool", so of course they sold their holdings.
If they want to get some back, it will be at a huge loss.
I agree, they are aware of Saxony's bag and then did nothing when the rumors became news about them selling what they have. Well, whenever these countries and institutions that are backed by the government are buying, we're here to be happy about them.
But if they start thinking about investing it should be a positive step because they are starting to see something better in bitcoin. So considering starting will be one of the right steps because Bitcoin always provides maturity in personal, group and institutional investments.
Yup, we're looking at that side that this is still a good news. They want a full restart and reset and so, if they're buying Bitcoin at a price considered by them as a good buy, they're welcome. This is a free market, whether they buy or not, people will know.