<ul><li>The U.S. government sold over 9,800 bitcoins seized in the Silk Road case and earned $215.5 million in profits, according to a memo filed in the Southern District of New York.</li><li>The per-coin sale price of the bitcoins sold by the government was about $2,000 less than the going rate on the day of the sale, with a per-coin sale price of approximately $21,877.</li><li>Despite the sale of the bitcoins, the transaction did not appear to affect bitcoin's value, which actually gained 2.43% the day of the sale.</li><li>With bitcoin's current value sitting around $28,000, some analysts believe the government could have timed the market better when selling the seized bitcoins.</li></ul>

US government sells seized bitcoin for $215.5 million in auction

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