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Eight lots of cryptocurrency for sale on GSA Auctions

A gold and silver graphic with a stylized B as a dollar sign and text: CRYPTOCURRENCY

Sale features 7.85 Bitcoin for ‘End of Season’ sale event

ATLANTA — Today the U.S. General Services Administration’s End of Season sale opens on GSA Auctions, featuring eight lots of cryptocurrency totaling 7.85 bitcoins with an estimated market value of more than $360,000.

Auction open: Monday, Sept. 13 at 6 p.m. CT

Auction close: Wednesday, Sept. 15 (may be extended)

This two-day auction’s closing time may be extended to accommodate last-minute bidding.

GSA first began auctioning cryptocurrency on behalf of the U.S. government in early 2021. To date, users of the GSAAuctions platform have successfully bid for a total of over 25 bitcoin and 150 litecoin, with a total estimated value of more than $1 million. 

“We’ve seen great success and enthusiasm for GSA’s cryptocurrency sales in 2021 so far,” said GSA Federal Acquisition Service Regional Commissioner Thomas Meiron. “This is the last auction for the year and is a great opportunity to join the crypto community.” 

The winning bidder will need a digital wallet to receive the property. Network transaction fees may apply, and payment is due Sept. 17. As there is no tangible asset up for bid, GSA will not hold an inspection day. 

Direct questions on the lots or requests for more information to:

Tonya Dillard
tonyar.dillard@gsa.gov 
404-331-0535 (desk)
202-692-3222 (fax)

A service of the U.S. General Service Administration, GSA Auctions is the federal government’s online clearinghouse for surplus federally owned assets and equipment, such as office furniture, vehicles, scientific equipment and collectibles.

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About GSA: GSA provides centralized procurement for the federal government, managing a real estate portfolio of more than 370 million rentable square feet nationwide and overseeing approximately $68 billion in annual contracts. GSA’s mission is to deliver value and savings in real estate, acquisition, technology, and other mission-support services across government, in support of the Biden-Harris administration’s four priorities of climate change; COVID response; economic recovery; and diversity, equity, inclusion and accessibility. 

For more information, visit www.gsa.gov or join the conversation on social media @US_GSAR4 and other platforms.

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Last updated: Sep 13, 2021
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