U.S. GSA Auctions Off 6.79 BTC Worth $384K
- Bitcoin
- Regulation
The U.S. General Services Administration held its second Bitcoin auction of the month on March 29, selling 6.79 BTC valued at around $384,000. These coins, likely seized from criminal cases, drew attention from CT as a sign of government involvement in crypto markets. Bidders scrambled for a piece of history, with some joking about buying 'fed coins' at a discount. It highlighted Bitcoin's growing intersection with state actions during a bull run.