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UK Government Bitcoin Holdings

@DropsTab

19 Followers

UK Government Bitcoin Holdings is the third-largest sovereign BTC stash, held by the Metropolitan Police under civil recovery. It contains 61,000 BTC — ~0.29% of supply — acquired at avg ~$6,400 via a single October 2018 seizure from the Zhimin Qian / Jian Wen £5B Chinese Ponzi case. No sales since. Chancellor Rachel Reeves is exploring liquidation amid pending High Court victim claims.

UK Government Bitcoin Holdings is the third-largest sovereign BTC stash, held by the Metropolitan Police under civil recovery. It contains 61,000 BTC — ~0.29% of supply — acquired at avg ~$6,400 via a single October 2018 seizure from the Zhimin Qian / Jian Wen £5B Chinese Ponzi case. No sales since. Chancellor Rachel Reeves is exploring liquidation amid pending High Court victim claims.