The U.S. General Services Administration (GSA) usually utilizes auctions to sell surplus federal equipment to the public.
Where did the BTC come from?
The GSA auction will be held from March 15 to 17. What is more interesting and what the public would like to know are the origins of the bitcoins.The government has remained mum about where the surplus BTC came from.
This is a low amount and a far cry from the nearly 30,000 BTC sold by the U.S. Marshals Services in 2014. The bitcoins were seized from the darknet marketplace Silk Road.
The bitcoins were valued at $19 million at the time, and venture capitalist Tim Draper won the auction.
The value of those bitcoins has swelled to around $1.6 billion as bitcoin’s price skyrockets to $54,754 at the time of writing.
The government’s auction is another sign that bitcoin has gone mainstream.
Bitcoin in the mainstream
Wall Street has found bitcoin’s allure irresistible. Several major institutions are becoming part of the bitcoin ecosystem, and of course, some are taking a cautious approach.Morgan Stanley, a multinational investment bank known for picking growth stocks, is thinking about investing in bitcoin. The bank is invested in NYDIG, a bitcoin services company.
Last week, it was reported that Goldman Sachs was considering restarting its cryptocurrency trading desk, at least according to a person close to the matter.
Bank of New York Mellon, a leader in custody banking is planning to hold and transfer digital currencies. On the other hand, Mastercard will allow users to send and receive select cryptocurrencies on its network.
With several companies such as Tesla, Square, and MicroStrategy among others, it has become difficult to ignore the leading digital asset.
An institutional asset
Bitcoin’s run to new all-high prices, and the ability to sustain these prices, has made this bull cycle look different from the one in 2017.The conversation around bitcoin has shifted from bubble to digital gold. Some even see it as a safe haven asset.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
