In a significant move on July 4, Justin Sun, the founder of Tron, offered to acquire the German government's substantial Bitcoin holdings valued at over $2.3 billion. Sun proposed to negotiate off-market to minimize market impact in a bid to prevent negative fluctuations in Bitcoin's value. The German government's Bitcoin stash originated from a seizure related to the pirate movie website Movie2k, with control over nearly 50,000 BTC since February 2024.