Germany "missed gains on Bitcoin" loses 3 billion USD! El Salvador's HODL unrealized gains have reached 400 million USD.

Germany sold nearly 50,000 Bitcoins, missing out on nearly $3 billion, while El Salvador's holdings of 6,230 BTC have realized gains of $400 million. (Background: Tether holds $120 billion in US Treasury bonds, becoming the "19th largest in the world," surpassing Germany, and has made $1 billion in profit in Q1 this year.) (Context: Germany's GDP has contracted for two consecutive years, and scholars suggest "cancelling national holidays" to boost the economy.) Different governments have varying attitudes toward digital assets; Germany previously dumped nearly 50,000 Bitcoins (BTC), originally intending to "avoid substantial value loss," but ended up missing out on nearly $3 billion in potential profits after the price doubled. In contrast, El Salvador's holdings of about 6,230 BTC remain steady, with paper profits exceeding $400 million. The contrasting approaches of the two countries serve as a striking example of how governments understand emerging assets. Germany's rapid liquidation and short-term hedging were executed at a low point. According to Arkham data, the German government previously sold 49,858 BTC at an average price of about $57,900, totaling $28.8 billion. The decision-making body emphasized that the sale was due to: "avoiding substantial value loss." However, by mid-July, Bitcoin had risen to $118,000. Germany missed out on $2.98 billion in potential profits. Although the market briefly dipped that day, demand quickly absorbed the selling pressure, and prices soon returned to key levels. El Salvador's long-held strategy has doubled returns. Since making Bitcoin legal tender in 2021, President Nayib Bukele (Nayib Bukele) has repeatedly bought the dip. According to Coinfomania statistics, as of July 2025, the national wallet holds approximately 6,228 to 6,232 BTC, with a cost of about $291.7 million, and a current value between $691 million and $700 million, resulting in unrealized profits of $400 million and an ROI of about 137%. Even with pressure from the IMF and a domestic usage rate of only 8%, the government continues to increase its holdings through the Chivo wallet and geothermal mining from volcanoes. A comparison of Bitcoin long-termism: Germany, as a mature economy, prioritizes stability and regulation, mainly selling Bitcoin as a liquidation of judicially seized assets, choosing to "let go of BTC" under unchanged laws. El Salvador sees cryptocurrencies as an economic breakthrough, hoping to attract investment and combat inflation. The former avoids volatility but misses asset growth, while the latter assumes turbulence for high unrealized gains. At the current price, Germany's "missed gains" of 49,858 BTC, if still on the books, would have a market value of $58.3 billion; El Salvador holds 6,230 BTC, with a market value of about $700 million and unrealized gains of $400 million. Although the scales of the two countries are entirely different, the comparison highlights that for governments, how to balance the growth potential of crypto assets is the key to the next round of international digital asset competition. Related reports: A German listed company invests €50 million in $SQD; why is it said that decentralized data lakes are expected to become the next Bloomberg terminal? Germany's largest banking group, Sparkassen, will allow Bitcoin trading: 50 million people will be able to buy cryptocurrencies online by next summer. Germany's largest bank, Deutsche Bank, is assessing the issuance of stablecoins and RWA tokenization applications. <Germany's "missed gains from Bitcoin sales" results in a loss of $3 billion! El Salvador's HODL profits have reached $400 million.> This article was first published in BlockTempo, the most influential blockchain news media.