The United Kingdom plans to sell 61,000 bitcoins valued more than 6.2 billion euros to clean up its public finances

United kingdom plans sell 61,000: This article explores the topic in depth.

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United kingdom plans sell 61. Similarly, 000:

Rachel Reeves, the British Finance Minister, plans to sell the current bitcoin stock in the country to recover 5.4 billion pounds sterling.

Will Bitcoin become a solution to clean up public finances? In addition, Rachel Reeves. Similarly, the British Finance Minister, plans to sell the 61,000 bitcoins held by the United Kingdom to balance the country’s accounts, reports The Telegraph. Nevertheless, By fall, the Chancellor of the Echiquier must indeed find 20 billion pounds sterling.

With a bitcoin that reached 123,000 dollars, such a sale would recover up to 5.4 billion pounds sterling (around 6.2 billion euros). Furthermore, The British Interior Ministry is working with the police to “develop an official storage system” of cryptos. allowing the sale of 61,000 bitcoins seized in 2018 in the United Kingdom in the context of a legal case.

Not all political edges support this idea. Nigel Farage. united kingdom plans sell 61,000 the leader of the Conservative Party Reform UK, calls for the creation of a national bitcoin reserve in the United Kingdom, as in the United States.

Bet missed for Germany and Bulgaria – United kingdom plans sell 61,000

Some experts question the relevance of the time of sale of Bitcoins. In 2024, Germany sold its 50,000 bitcoins for $ 3 billion. With the flight price for Bitcoin, the country would have collected double in July 2025. Likewise, Bulgaria sold 213,500 bitcoins in 2018. A stock that would be worth $ 25 billion today, what to reimburse its debt in full.

Unlike this strategy. some countries such as Salvador, Bhutan or the United States retain their bitcoins, considered to be digital gold. Today, 7 countries have (publicly) hold Bitcoin. The first country being the United States, with 207,000 Bitcoins, then China with 194,000 Bitcoins and finally the United Kingdom.

united kingdom plans sell 61. 000 — United kingdom united kingdom plans sell 61,000 plans sell 61,000: Rachel Reeves, the British Finance Minister, plans to sell the current bitcoin stock in the country to recover 5.4 billion pounds sterling.Will Bitcoin become a solution to clean up public finances. Rachel Reeves, the British Finance Minister, pl.

Further reading: After its acquisition, the gourmet cure reopened its doors in Sète with a relocated production, revised revenues and downward pricesNew gold researchers in GaspésieThe tax reimbursement arrives in a few days, are you conceived?Europe seen in green with the results and economic data – 07/18/2025 at 08:50ADDARD TOWER removes its offer to buy Seven & I.

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