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What will be the impact on TRON DAO's market cap following Justin Sun's offer to buy Germany's Bitcoin holdings by end of 2024?
2
Resolution / Starting Odds
Increased by 20% or more • 25%
Decreased by 20% or more • 25%
Remained within 20% of current market cap • 25%
Other • 25%
Market cap data from major cryptocurrency exchanges
Story
Justin Sun Offers to Buy Germany’s $2.3B Bitcoin Holdings Off-Market
Jul 4, 2024, 12:01 PM
Justin Sun, founder of TRON DAO, has announced his willingness to negotiate with the German government to purchase all of its Bitcoin ($BTC) holdings off-market (OTC). This move aims to minimize the impact on the market, as the German government's Bitcoin holdings are valued at approximately $2.3 billion. The proposal is intended to prevent market disruption that could result from a large-scale sale of Bitcoin.
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Similar markets
Yes • 50%
No • 50%
Significant increase in volatility • 25%
Significant decrease in volatility • 25%
No significant impact • 25%
Other • 25%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Fluctuates but remains stable • 25%
No significant change • 25%
Sell all remaining BTC • 33%
Sell part of remaining BTC • 33%
Hold remaining BTC • 33%
United States • 25%
China • 25%
Japan • 25%
Other • 25%
Adopted • 25%
Rejected • 25%
Postponed • 25%
No decision • 25%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
No significant change • 25%
Decrease • 25%
$80 billion to $90 billion • 25%
Less than $70 billion • 25%
$70 billion to $80 billion • 25%
More than $90 billion • 25%
Less than 10,000 BTC • 25%
10,000 to 20,000 BTC • 25%
20,000 to 30,000 BTC • 25%
More than 30,000 BTC • 25%
Sell to Justin Sun • 25%
Sell on open market • 25%
Hold the Bitcoin • 25%
Other • 25%