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❕NEWS FED sold seized Bitcoins for $19 million

CrazySher

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In an interview conducted on Thursday, the attorney of U.S. said that the Federal Reserve sold Bitcoins worth $19 million, which are seized in 2018. And In 2018, they worth only $2.88 million.
 
Well they actually made nice off profit by holding it for some time and meanwhile they can buy it again at cheap prices good business that actually
 
What caught my eye here is the high profit margin they made by selling these coins to that where seized just 2 years back. the profit is so much this is why it is good to sometime just hold on to this coins and sell them in future . you made 7x the profit you had invested in it. To his is really awesome
 
The organization can hold the sum for any amount of time unless it is subjected to sale the funds by the government so once they had to they made the sale I believe
 
To me this is a very big gain and profit ,the gain would obviously be a benefit to them ,this is another encouragement for them to continue to hold and store more Bitcoin ,incase they want to store more in their reserve ,when they see the amount of gains those investing are already making from the market I just hope those seized Bitcoin profit after been exchanged are used in a very judicious manner I think
 
They hold the seized funds for some amount of time so actually they made decent profits as well in this time which is not a bad strategy either and then they made profit on the sell
 

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