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OTCbid - Big Bitcoin Player Buys The Dip While China Crackdown Widens



" The price of Bitcoin fell on Monday after China continued cracking down on the cryptocurrency, even as business analytics company Microstrategy (MSTR) said it continued to load up on the digital asset.

Microstrategy on Monday said it bought an extra roughly 13,005 Bitcoins for around $489 million in cash, at an average price of $37,617 apiece. It now holds 105,085 Bitcoins worth more than $3 billion.

The company last year began adding Bitcoin as its primary treasury reserve asset. It said investing in Bitcoin has more long-term potential to generate value than cash. " - Read Full Article


Source: Investors




150K+ BTC BUYER IN EUROPE AVAILABLE

" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."

- OTCbid

-10% Gross, -6% Net, Escrow, Baker McKenzie, Europe, Dubai, NY.

Seller Mandates Only - OTCbid.com



NEW: 150K BTC with R&E @ -10% gross, -6% net, Escrow, Baker McKenzie, Europe, Dubai, NY - Look For Seller

(Buyer : HA...GN-Tele)

Post: 22.6.21

​​​​​​

  • A Buyer is looking for 150K BTC @ -10%gross, -6% net

  • Buyer = 6%

  • Buyerside = 2%

  • Sellerside = 2%


  • Buyer in Europe with money in USA or Dubai

​​​

  • PROCEDURE:


  • Buyer and Seller shall sign this Purchase Agreement.

  • Buyer shall show proof of funds for the first tranche via an active recent bank account statement of USD (United States Dollars) in cash via email to Baker McKenzie, who will verify this to both parties. Seller shall provide proof of coins to prove availability to the Buyer via Baker McKenzie. The form of (POC) is a certification letter of the Bitcoins provided by the escrow provider Baker McKenzie.

  • Seller shall forward to the Escrow Agent exact wire information and banking coordinates for the each of the parties and their respective representatives.

  • Escrow Agent shall endorse the Escrow Agreement and shall circulate the completed Escrow Agreement to the Seller, Seller will transfer to buyer.

  • Buyer Shall register Guarantee in favor of the seller, with Baker McKenzie.

  • Upon execution of the Purchase Agreement and the Escrow Agreement, Buyer shall wire to Escrow Agent the sum to be applied to the purchase of the first tranche of 1,000 BTC (“Initial Deposit”).

  • Escrow Agent shall inform both Buyer and Seller receipt of the Initial Deposit.

  • Seller shall initiate placement of the first tranche of the BTC directly into the Buyer’s Wallet. Buyer shall provide its BTC Wallet information upon execution of the Purchase Agreement.

  • Seller shall provide evidence of said deposit of BTC after receipt of confirmation of the Buyer’s funds.

  • Thereafter, Buyer shall confirm receipt of the evidence of the deposit in its Wallet.

  • Upon receipt of the Initial Deposit, Buyer and Seller direct Escrow Agent to disburse the Initial Deposit to Seller of a discount of 6% Net. Upon receipt of receiving funds from the Escrow Agent, Seller pays a commission in BTC – 2 % Seller side, 2 % Buyer side according to the listed representatives in the IMFPA in “Annex C” in this agreement. Seller shall disburse such commission in BTC within 24 hours upon receipt of receiving funds from the Escrow Agent.

  • Upon deposit of entire first tranche with Buyer as evidenced by Seller, Escrow Agent shall disburse the remainder of the Initial Deposit less payments for commissions and payments due to Escrow Agent. All payments shall be made via wire transfer or BTC. Escrow Agent shall disburse funds within 24 hours of the transaction being consummated and after both Seller and Buyer verify same in writing.

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • T.me/otc_bid

  • OTCbid.com

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