German Government Holds Nearly $1.39 Billion in Bitcoin After Recent Kraken Withdrawal
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**German Government’s Bitcoin Holdings: 23,964 BTC Worth Approximately $1.39 Billion**
According to on-chain data, the German Government currently holds 23,964 Bitcoin, valued at approximately $1.39 billion. In a significant move, 710 BTC were transferred from the Kraken exchange to the German Government’s wallet within the last hour.
Crypto enthusiasts and analysts can follow the wallet’s activity through this link: [Arkham Intelligence – Germany](https://platform.arkhamintelligence.com/explorer/entity/germany?ref=coinotag.com/).
This substantial holding places Germany among the notable governmental players in the cryptocurrency market, sparking discussions about the potential strategic use and future implications of such digital assets by national authorities.