A batch of confiscated Bitcoin disposed of by the Bulgarian government in 2018, calculated at the current market price, exceeds the country's total public debt. The 213,500 Bitcoin were seized in 2017 during a crackdown on organized crime and sold for approximately $3.5 billion at the time. If held until now, they would be worth $25.2 billion, which is 5% higher than the country's latest national debt of $24.0 billion. This has caused Bulgaria to miss an excellent debt repayment opportunity. (Cointelegraph) [Odaily Planet Daily News]

Bulgaria Missed $25.0 Billion Opportunity to Repay Debt by Selling Confiscated Bitcoin in 2018