Reported 8 months ago
The German government has started selling a substantial amount of Bitcoin confiscated from the operators of a movie piracy website, with over $195 million worth of Bitcoin sold within 24 hours. This move, part of a series of recent large-scale Bitcoin transactions by German authorities, has led to a drop in Bitcoin's market price by 0.67% in the past 24 hours. Despite this, companies like MicroStrategy remain bullish, recently acquiring $786 million worth of Bitcoin after raising $800 million through convertible senior notes.
Source: YAHOO