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OTCbid - Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend



" According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."

Bitcoin and ether (ETH, -1.67%) purchases by companies in Scandinavia and Hong Kong are fueling speculation a wave of non-U.S. corporate treasurers might follow MicroStrategy, Tesla and Square into buying cryptocurrencies, according to a new report by the Norwegian analysis firm Arcane Research.

Hong Kong-listed Meitu, a maker of photo-retouching software, said it bought 15,000 ETH and 379 BTC (+2.75%) in open-market transactions last week. Arcane figures the company paid an average $47,230, well below the current market level of around $57,000.

In addition, on Monday Aker, a Norwegian energy engineering company, added 1,170 BTC to its balance sheet, paying approximately $58 million, at an average price of around $49,600. " - Read Full Article


Source: Coindesk






200K BTC BUYER IN LONDON

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

-8% Gross, -5% Net, Bank, JP Morgan, London

Seller Mandate Only - OTCbid.com


NEW: 200K BTC @ -8% Gross, -5% Net, Bank, JP Morgan, London - Look For Seller

(Buyer : EC...QE)

Post: 9.3.21

​​​

  • London Buyer is looking for 200K BTC @ -8% gross, -5% net ​​

  • Buyer = 5%​

  • Buyerside =1.5%

  • Sellerside = 1.5%

  • PROCEDURES:​​​

​​​

  1. KYC, POC, POF

  2. Buyer can do POF first

  3. Seller to provide SPA and account details with JP Morgan London

  4. Seller to provide bank details to pass due diligence.

  5. Seller must open account with JP Morgan London UK

  6. Buyer with (B2B MT103 remote) in London

  7. Buyer has their account with JP Morgan London and transaction is internal​

  • 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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