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UK PLANS $7B BITCOIN SALE TO PLUG BUDGET GAP- The UK government is preparing to sell over 61,000 BTC worth $7B, according to The Telegraph. The Home Office and police are working on a strategy to offload the assets.- The Bitcoin was seized in 2024 from a Chinese Ponzi scheme. Using the funds, the UK Treasury plans to reduce the deficit by £20 billion.- Tender documents admit that some cases take 3–4 years from seizure to sale. That could mean the UK sells long after market conditions shift. The Treasury has ...