Justin Sun Proposes Buying All Bitcoin Held by the German Government

Amidst the bear market trend influenced by recent actions of the German government, billionaire entrepreneur Justin Sun has put forth an intriguing proposition. Justin Sun, the founder of Tron (TRX), has expressed his willingness to purchase the Bitcoin holdings of the German government through an over-the-counter transaction, to mitigate any potential negative impact on the Bitcoin (BTC) market. In his statement, he shared the following: “I am ready to negotiate with the German government to purchase all BTC off-market, to minimize the negative impact on the crypto market.” Read more:

Over the past month, crypto whales have accumulated Bitcoin worth over 30 billion dollars in a series of sales volumes, as the German government has transferred significant amounts of Bitcoin – a move that further deepens the bearish trends. This proposal from the billionaire could positively influence market sentiments and provide a stable solution for the government to dispose of its BTC holdings.