news

bitcoin

1 X bitcoin bitcoin =

Thursday

13 May 2021

U.S. Government Sells 9.45 BTC At Significant Market Discount

U.S. Government Sells 9.45 BTC At Significant Market Discount


smart summary beta

government sold 9.45 BTC during a four-day auction that closed earlier this week, with the bitcoin being purchased at a notable discount compared to market prices.

"Cryptocurrency is certainly some of the most unique items to ever come up for public sale on our GSA Auctions platform, but the excitement from our bidders is undeniable," said Thomas Meiron, regional commissioner with GSA's Federal Acquisition Service, according to a release about the recent bitcoin auction.

But, according to The Block, the GSA only brought in a total of $487,000, meaning that the government-furnished bitcoin was sold at a significant discount.

Goto Full Article

bitcoin bitcoin price

$48616.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Image

Why Fiat Experts Don’t Get Bitcoin
published: 1 hour ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

sentiment (-0.2) Negative

Article Metadata

author

site

bitcoinmagazine.com
Market data feeds provided by cryptocompare.com
bitsmart 2021