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OTCbid - Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bank

 

 

 

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" Those were once the words of Warren Buffett, the famous investor called the “sage of Omaha” for knowing things before the rest of the market. Now his money is saying otherwise.

Specifically, his company Berkshire Hathaway has bought $1 billion worth of stock in a digital bank that focuses on crypto.

Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. It revealed that Buffett’s company had purchased $1 billion in shares of Nubank, a digital bank based in Brazil, and the largest of its kind in Latin America.

Nubank is a so-called neobank, a type of bank that operates outside of the rules of the traditional banking system. The digital bank's investment unit, NuInvest, allows users to put money in a Bitcoin exchange-traded fund (ETF)—tapping a financial space that Berkshire's leaders have shown little love for.

" - Read Full Article
 

Source: fortune

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50K-300K BTC buyER

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

- OTCbid

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 -8% gross, -4% net, Escrow, Lawyer, Germany

Seller Mandate Only

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NEW: NEW: 50K-300K BTC with R&E @ -8% gross, -4% net, Escrow, Lawyer, Germany and Anywhere - Look For Seller

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(Buyer :  PA TE-TELE)

Post: 17.2.22

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• Buyer is looking for 50K-300 BTC with R&E  @ -8% gross, -4% net​

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• Buyer = 4%

• Buyer Mandates = 1% (2 people ie 0.5% each) (closed)

• Buyerside = 1% (( Buyer lawyer = 0.5% ; Buyer facilitators =0.5%.(Ad + Ray = 0.25% each)) (closed)

• Seller mandate = 1%

• Sellerside = 1%

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• First tranche =  250 BTC

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• Buyers are not fixed on Germany and happy to do usdt also.

• Another buyer is happy to do usdt anywhere

• Another new buyer (up to 50K+ BTC) need a face to face in London/Dubai or Switzerland, either in HSBC or Credit Suisse (Up to 50,000 btc- Potential to go higher )

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• ​​​PROCEDURE: 

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• a. Prior to the first Transaction, Buyer shall escrow two hundred fifty (250) BTC in a cryptocurrency wallet (the “Escrow Wallet”) owned and controlled exclusively by the law firm as follows:

• (i)  Seller shall be provided with the address of the Escrow Wallet to permit Seller to view its content at any time.

• (ii)  The Escrow Wallet shall show no transactions other than the deposit by Buyer of 250 BTC.

• (iii)  The Escrow Wallet and its content of 250 BTC shall remain in place for the duration of the Agreement and, unless there is a payment default by Buyer hereunder, shall be released to Buyer by Buyer Law Firm promptly upon the termination of this Agreement.

• (iv)  Should Buyer fail to pay the Purchase Price for a Transaction within 24 hours of the successful receipt of BTC by Buyer hereunder, this Agreement provides authorization by the Parties for Buyer Law Firm to deliver from the Escrow Wallet the number of BTC for which Buyer did not make payment. Execution of this Agreement by Buyer Law Firms’s principal, Xxxx x. Xxxxxxx, Esquire, constitutes Buyer Law Firms agreement to act as Escrow for the Parties on the terms and conditions stated herein and to discharge its obligations in respect of the escrowed BTC as provided herein, including transferring to Seller any BTC for which Buyer did not make payment.

• Prior to each Closing and in a timely fashion, Buyer and Seller each shall provide to the other Party every wallet address, the wallet for which is to be used in a Transaction. Said wallets shall be individually identified in a writing to the other Party and thereby shall become and be deemed a part of “Appendix “A” hereto.

• In order of occurrence, each Closing shall be conducted as follows:

• (i)  Seller Transfers the Tranche to Buyer’s identified wallet.

• (ii)  The Index Price for the Tranche is priced as of the date and time of its sixth (6th) confirmation on the blockchain, using https://www.blockchain.com/prices/BTC as the pricing mechanism.

• (iii)  Buyer then pays for the BTC in USDT in an amount equal to _________ ( %) of the Index Price for the Tranche, being the Purchase Price reduced by the ______( %) for Seller intermediary commissions that Seller pays directly.

• (iv)  In respect of each Closing, successful completion of the procedures set forth in this Paragraph 3.c. shall constitute the transfer and sale from Seller to Buyer of all of Seller’s right, title and interest in and to the BTC purchased by Buyer.​

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SELLER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram @OTCbiddotcom

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com