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OTC Deals

OTCbid - Bitcoin’s Biggest Corporate Investor Buys Another $414 Million As Omicron Variant Puts Crypto Prices Under ‘Serious Pressure’

 

 

 

 

" MicroStrategy, the data analytics firm helmed by billionaire cryptocurrency bull Michael Saylor, announced another big investment in bitcoin on Monday morning, doubling down on its staggering commitment to the world's largest cryptocurrency as the nascent market reels from a nearly 15% correction this month—and the threat of a new coronavirus variant.

In a regulatory filing on Monday, Virginia-based MicroStrategy, which owns more bitcoin than any other corporation in the world, disclosed it purchased approximately 7,002 bitcoins for about $414.4 million in cash, or $59,187 per coin, between October 1 and November 29.

The company says it now holds approximately 121,044 bitcoins, purchased for nearly $3.6 billion, or an average price of $29,534 per coin.

Its latest investment comes as the price of bitcoin struggles near a seven-week low after fears over a newly identified coronavirus variant, dubbed omicron, tanked the broader market on Friday. - Read Full Article

Source: Forbes

300K BTC SELLER IN NYC

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

- OTCbid

-7% gross, -4% net, B2B, Signature Bank, New Jersey, NY

Buyer Mandate Only

- OTCbid.com
 

NEW: 100K BTC with R&E @ -7% gross, -3% net, Bank2Bank, Kuveyt Turk Katilim Bank, Turkey - Look For Buyer

(Seller :  JKHA BYAS-tele)

Post: 30.11.21

  • A seller is selling 100K BTC with R&E @ -7% gross, -3% net​

  • Buyer = 3%

  • Buyer side = 2%

  • Seller side = 2%

  • First tranche = 1K-9K BTC

  • ​​​PROCEDURE: 

  1. Seller sends a draft SPA. Within 24 hours, Buyer will fill out with buyer ś required details, SIGN and return the SPA to the seller. Seller will within 24 hours fill out all required details, SIGN and send back the SIGNED SPA in a PDF format

  2. Buyer will provide PoF issued by Buyer’s Bank [MT199] showing enough balance to cover the first tranche. Seller will submit the signed SPA to the Buyer with a written statement from a reputable bank that the Seller is the owner of minimum of 100,000 BTC.

  3. The Buyer shall pay the Seller for each and all BTC purchases via Swift MT103 or MT103/202 cash transfer in EURO currency sent to the Seller nominated receiving bank account in accordance with the attached MT103 or MT103/202/72 Text approved by the Seller and Seller receiving Bank.

  4. For each sales tranche, the Seller shall issue a Pro-Forma Invoice showing a discounted Price - 7% gross -3% net, addressed to the Buyer quoting the agreed day’s market price for the BTC tranche quantities, and then the Buyer pays the invoice amount and the agreed Commission for each and every tranche to be paid by the Seller.

  5. The Seller shall then, after receipt and confirmation by Seller’s Bank that the funds from the Buyers Bank have been received, transfer via the Blockchain the appropriate number of BTC to the nominated Buyers Wallet accompanied by the Blockchain transfer slip. Buyer will confirm via Buye’r Bank the good receipt of the BTC complete with six [6] confirmations to can inform the Sellers bank of their authority to release the “202” Cover conditions and provide the release instruction code to credit the Sellers account with the value of the SWIFT MT MT103/202/72 as transmitted and recorded.

  6. The commission must be paid by seller to the agents under the IMFPA IC-MKTJ-100k- BTC-2021 listed in “Annex D”, which is included in this agreement.

  7. All subsequent tranche sale of BTC is conducted according to the foregoing formula and shall commence at each stage after the BTC have been irrevocably received by the Buyer and the Seller has received appropriate payment for each previous tranche and invoice issued.

  8. Upon completion of the transaction, both parties sign the affidavit of successful settlement.

BUYER MANDATE ONLY

Interested parties should contact :

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