The U.S. government auctions off 0.7501 BTC for $9,000 above market price
March 17, 2021, 6:16PM EDT
1 min read
The United States General Services Administration (GSA) auctioned off 0.7501 Bitcoin at just over $9,000 above market price on Wednesday.
There were 31 total bidders, and the highest bid was for $53,104 — about $9,000 above the current market price of roughly $44,000 that 0.7501 BTC is currently priced. The GSA auction took place in Atlanta, Georgia, having begun on March 15 and concluding on March 17 at 5 p.m. EST. The auction received 31 bids, per the GSA site.
They must also submit documentation providing personal information in addition to a “Forfeited Property Sales Certification Form,” stating that they were not the one who originally relinquished the bitcoin.