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Genuine question: what happens to the BTC? If they liquidate - couldn't that cause the price to go to near zero?
by bluelightning2k 4y ago
Genuine question: what happens to the BTC?
If they liquidate - couldn't that cause the price to go to near zero?
- Nevermark 4y agoThey would likely sell the BTC with an off-market auction. Given the amount, they might auction if off in segments. Whoever is responsible for selling a government asset is likely responsible for getting a good price. So a BTC dump, in addition to harming the markets, would be a violation of that duty. https://www.fool.com/investing/2022/01/14/the-us-government-and-bitcoin-auctions-heres-what/ https://www.fool.com/investing/2022/01/14/the-us-government-...