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.
Proposal to Purchase German Government's Bitcoin Holdings
by Giorgi Kostiuk
2 years ago
0
Other news
Market Confusion Over Citibank's Buy Rating for OSL Group
Market confusion arises from Citibank's unconfirmed buy rating for OSL Group, leading to a nearly 4% stock rise.
BlockDAG Set for February 16 Listing at 0.05
BlockDAG is scheduled to list at a price of 0.05 on February 16, 2026, following its successful presale.
APEMARS APRZ Positioned as Next 100x Crypto Opportunity
APEMARS APRZ is being positioned as the next potential 100x crypto investment opportunity.
Base Network Active Addresses Plummet to 18-Month Low
The Base blockchain has seen a significant decline in active addresses, reaching an 18-month low, while simultaneously experiencing a surge in token creation.
APEMARS APRZ Launches Stage 5 of Presale with Unique Features
APEMARS APRZ has entered Stage 5 of its presale, named VOID VIBES, priced at 0.000003629 per token. This stage features decreasing token allocations and symbolic burn checkpoints, designed to reward early investors and foster community growth.
Surge in Token Creation on Base Network Amidst User Activity Decline
Surge in token creation on the Base network despite decline in user activity.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter