By LeftFooted | bitcoinea | 23 Jul 2025
Back in 2017, Bulgaria seized 213,519 Bitcoin during a crackdown on organised crime.
Just a few months later, the country sold its entire Bitcoin stack for about $3.5 billion.
Hindsight is always 20/20, of course, but it was clearly a bad decision.
Today, Bulgaria has a public debt of around $24 billion according to World Economics data.
For reference, 213,519 BTC would be worth $25.2 billion today.
Ouch.
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