The government-linked wallet has been steadily selling its holdings, threatening to create continued Bitcoin selling pressure.
Tron founder Justin Sun has offered to buy the German government’s Bitcoin holdings worth over $2.3 billion.
The popular crypto founder said he is potentially willing to purchase Bitcoin (BTC) off-market to reduce the negative price impact of selling.
Sun announced the offer in a July 4 X post to his 3.5 million followers: