Invest in Cryptocurrency by Bidding on GSA Auctions

March 8, 2021

WASHINGTON -- Looking for a chance to join the expanding cryptocurrency market? Novices and experienced investors alike now have the unique opportunity to delve into the exciting world of cryptocurrency by placing a winning bid on a share of a Bitcoin on GSA Auctions.

Bidding on a .7501 share of one Bitcoin, currently valued at more than $38,000 as of March 5, 2021, opens on the GSA Auctions website starting March 15 at 4 p.m. CT. Act fast—the two-day auction ends on March 17 at 4 p.m. CT. A special sneak peek of the auction with additional details can be found on the GSA Auction website.

“Whether it’s a car, or a piece of jewelry, or now even cryptocurrency, you never know what kind of treasures you’ll find on GSA Auctions,” said Acting Regional Administrator Kevin Kerns with GSA’s Southeast Sunbelt Region. “A special thanks to GSA’s Southeast-Great Lakes Personal Property Management team for making our very first cryptocurrency auction a reality.”

Registration is required to place a bid, and the winning bidder must make a payment via wire transfer no later than March 19, 2021. The winning bidder will also need a digital wallet in order to receive the property. As there is no tangible asset up for bid, GSA will not hold an inspection day.

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

Individuals or businesses interested in bidding on this unique item can contact Tonya Dillard at tonyar.dillard@gsa.gov or Deone McMillan at deone.mcmillan@gsa.gov for more information.

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 and follow us at @USGSA and @US_GSAR4.

Last Reviewed: 2021-03-11