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France's Government is Set to Auction Off $34 Million in Bitcoin This Week

Amy Liu

Summary: An auction house in France will host the sale of 611 BTC this week on behalf of a French government agency. At current prices, that amount is worth about $34.2 million. Set for Wednesday, March 17, the auction will begin at 9 a.m. and feature 437 individual sale lots, ranging from 0.11 BTC to 2 ...

An auction house in France will host the sale of 611 BTC this week on behalf of a French government agency. At current prices, that amount is worth about $34.2 million.

Set for Wednesday, March 17, the auction will begin at 9 a.m. and feature 437 individual sale lots, ranging from 0.11 BTC to 2 BTC, according to the website for Kapandji Morhange.

The auction is being held on behalf of the French Agency for the Recovery and Management of Seized & Confiscated Assets(AGRASC). According to the auction notice, any participants should have registered prior to March 13. 

By Amy Liu

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