Key Takeaways:
A proposed court agreement in Germany could place an additional 57,000 Bitcoin under state control, reintroducing a significant supply risk that the market believed was resolved after a major sale in 2024. The potential deal, if approved, would add to the German state of Saxony's already substantial Bitcoin holdings.
The development was reported by local German news outlet MDR on April 16, 2026. According to the report, the presiding judge in the long-running movie2k piracy case has proposed an agreement that would allow Saxony to retain the €2.64 billion ($3.112 billion) it raised from selling a previous tranche of Bitcoin.
The deal would also grant authorities access to another 57,000 BTC, which is allegedly still controlled by the main defendant in the case. This revives concerns about a large-scale liquidation, similar to the one that occurred in 2024, which created significant selling pressure on the market at the time.
The key issue for the market is the uncertainty surrounding the potential liquidation of the 57,000 BTC. If the German government decides to sell, it could lead to a substantial increase in Bitcoin supply on the open market, potentially causing price volatility and a bearish market sentiment as traders anticipate the sale. The timing and method of any such sale would be closely watched by all market participants.
This article is for informational purposes only and does not constitute investment advice.
