“Experienced investors recognize a good opportunity when they see it, which is why our auctions have generated so much enthusiasm in the crypto community,” Thomas Meiron, Regional Commissioner of the Federal Acquisition Service of the GSA, is quoted in the press release. “With the addition of a new breed of cryptocurrency, this promises to be one of our most exciting auctions of the year.” The auction begins June 18 at 5:00 PM ET and ends on June 22nd at 5:00 PM ET, although additional bids may extend the auction closing time .
GSA Auctions held its first Bitcoin auction in early March, followed by two more in late March and late April. In total, GSA Auctions auctioned 16.99 BTC and raised $ 937,000 in successful bids, according to the publication.
Related Reading While the winner of GSA Auctions’ first bitcoin auction paid a $ 9,000 premium for their bitcoins, most of their recent auctions sold bitcoin for below market value.
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