0 sats \ 6 replies \ @kr 29 Jan \ on: US Gov Sells More BTC news
what is the latest number for how much bitcoin they still hold?
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250 sats \ 5 replies \ @TomK OP 29 Jan
I think it's more than 200.000 btc
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21 sats \ 4 replies \ @kr 29 Jan
one thing i don’t understand is why they are selling relatively small amounts on occasion, while still holding a large chunk of coins.
if the plan was to hold, they wouldn’t sell any… if the plan was to sell, they would have sold it all by now.
why are they taking this approach of slowly selling very small amounts over a multi-year timeframe?
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325 sats \ 0 replies \ @TomK OP 29 Jan
Maybe they fear a collapse of the market price. Or they are slowly selling to state-owned secret wallets (Fed)? No idea
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250 sats \ 2 replies \ @Doo_Deux 29 Jan
DCA out? /s
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0 sats \ 1 reply \ @kr 29 Jan
iirc they’ve been sporadically selling for years… this is more like yearly cost averaging haha
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0 sats \ 0 replies \ @TomK OP 29 Jan
Lol. Now that they would need any collateral....
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