" The largest public holder of bitcoin is Grayscale, which operates the Grayscale Bitcoin Trust, Bank of America said in a note on Wednesday.
The trust, which trades like a stock on the over-the-counter market, likely owns 700,000 bitcoin, which represents about 3.5% of total supply and is worth more than $US31 ($40) billion, BofA said. The trust has $US36.1 ($47) billion in assets under management as of Tuesday and has often traded at a premium to its underlying bitcoin holdings.
“The trust has been steadily buying bitcoin over 2020, especially in 4Q20 and has become one of the 5 largest holders of the cryptocurrency,” BofA said. " - Read Full Article
Source: businessinsider
100K BTC SELLER IN AVAILABLE
" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets." - OTCbid
-8% Gross, -4% Net, MT760 SBLC
NEW: 100K BTC with R&E @ -8% Gross, -4% Net, MT760 SBLC - Look For Buyer
(Seller : ZS UP)
Post: 19.3.21
Seller is selling 100K BTC with R&E @ -8% gross, -4% net
Buyer = 4%
Buyerside Consultants = 1%
Buyerside Facilitator = 1%
Sellerside Consultants = 1% (closed)
Sellerside Facilitator = 1% (closed)
PROCEDURE:
Seller sends a draft SPA. Within 24 hours, buyer will fill out with buyer´s required details, SIGN and return the SPA to the seller. Within 24 hours, seller will fill out all required details, SIGN and send back the SIGNED SPA on a PDF format.
Proof of funds (POF):
5 (Euro/USD) will be sent from buyer’s bank account to seller’s designated bank account to prove buyer has bank account control and then send bank statement showing debited 5 (Euro/USD) and total balance to the seller.
Proof of coins (POC):
Please select and check one checkbox. Buyer can choose either:
☐ The seller will show the readiness to proceed for the first tranche by sending a Satoshi test from his wallet to buyer´s wallet. The Seller’s source wallet must contain at least 1,000 BTC.
☐ A-B wallet test: Seller executes the POC A to B between two wallets from the seller. The main wallet should contain at least 1,000 BTC, which we called wallet A. The second wallet which we called wallet B needs to be with zero balance to receive the Satoshi as proof of coin with a figure given by the buyer. The seller will transfer [Insert Amount max 1 Bitcoin….] Bitcoin (BTC) from his wallet A to wallet B to prove the availability of coins and wallet control. Seller provides both wallet IDs so the A-B wallet test can be validated on blockchain.
The Buyer’s Bank sends Swift MT799 pre-advice (see Annex C) which will mention: Ready, willing, and able; to issue Swift MT760 Bank guarantee.
Seller´s bank officer must reply thru Swift to buyer’s bank confirming the successful receipt of the Swift MT799 pre-advice.
Buyer´s bank sends to seller´s bank Swift MT760 SBLC (see Annex C) locked for 365 days with a face value worth of 100,000 Bitcoins and the hard copy of SBLC instrument should be couriered to Seller’s bank same day.
Bank of Seller together with Bank of Buyer conducts verification and authentication of SWIFT TRANSFER. After verification of the Swift transfer at seller ‘s bank (it takes 10 working days), the seller transfers Bitcoins to the buyer’s wallets for the first tranche according to tranche schedule in “Annex A” through BLOCKCHAIN at the rate of the day -4 % net discount. All other tranches will be released in a 4-day interval.
After the buyer received the BTC in his designated wallets and after the Six (6) confirmations of blockchain, buyer can either (please select and check one checkbox):
☐ The SWIFT MT760 SBLC will be used a mode of payments to pay for the current tranche within 24 hours.
☐ The current tranche will be paid by Swift MT103 within 24 hours.
BUYER 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
Comments