🚨 UK Plans to Sell $6.7B in Seized Bitcoin to Cover Budget Deficit 🇬🇧💸

The UK government may sell 61,245 BTC (worth $7.2B) to help fix a £20B budget hole — a move sparking major backlash.

🔑 Key Takeaways:

💰 £5B in seized BTC could hit the market soon.

🧑‍💼 Plan led by Chancellor Rachel Reeves, with Treasury & Home Office.

🔁 Goes against global trend of governments holding BTC.

⚠️ Critics call it “short-sighted” — likened to Gordon Brown's gold sale blunder.

⚖️ Legal battles still ongoing over Bitcoin’s ownership.

🌍 While US & El Salvador HODL, UK looks to cash out.

🧠 Why It Matters:

Selling now could mean missing massive future gains if BTC rallies.

Is the UK trading long-term potential for short-term relief?

#GENIUSAct #StrategyBTCPurchase

#UKGovernment #Umarcrypto1 #Write2Earn

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