sell
Bulgarian BTC Sale Missed Opportunity to Cover National Debt
In 2018, Bulgarian authorities sold seized 213,500 BTC, which was at a much lower price than today. Had they retained those coins, their value would now surpass $25 billion, covering 79% of the country's current national debt. This move represents one of the most costly mistakes in the history of the crypto industry.
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AI Analysis
The Bulgarian government's decision to sell a large amount of confiscated Bitcoin in 2018 appears to have been a missed opportunity, especially considering the subsequent appreciation of Bitcoin's val...
AI Recommendation
In the future, cautious preservation of large crypto holdings seized by the state could prove highly beneficial, especially considering Bitcoin's significant appreciation over recent years. Government...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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