France's government is set to auction off $34M in Bitcoin this week

posted about 1 month ago
An auction house in France will host the sale of 611 BTC this week on behalf of a French government agency. At current prices, that amount is worth about $34.2 million. The amount will be sold across several hundred small tranches.

Set for Wednesday, March 17, the auction will begin at 9 a.m. and feature 437 individual sale lots, ranging from 0.11 BTC to 2 BTC. The vast majority of the funds stem from the 2019 hack of exchange service GateHub.
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