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OTCbid - Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days



" During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion.


The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount of BTC. Today, GBTC has $4.7 billion assets under management (AUM), according to data provided by bybt.com. Grayscale’s bitcoin position is also displayed on the company website as well for transparency purposes.

Since the Grayscale Bitcoin Trust inception date on September 25, 2013, there are 471,022,700 shares outstanding and each share is worth 0.00095519 BTC per share. This week, digital currency proponents noticed that Grayscale scooped up around 17,100 BTC or $182 million using today’s exchange rates." - Read Full Article


Source: Bitcoin





200K+ BTC SELLER IN HK AVAILABLE

-8% Gross , -5% Net, B2B, F2F @ HSBC, Hong Kong

Look For Buyer Mandate Only - OTCbid.com


NEW: 200K BTC with R&E @ -8% gross, -5% net, B2B, F2F @ HSBC, HK- Look For Buyer

(Seller: SK HL)

Post: 28.9.2020​

  • New Seller has 200K BTC with R&E at:

  • 1. 5K-34K BTC : -4 % / -2 % (first tranche min. 5k BTC)

  • 2. 35K-49K BTC : -6 % / -3 % (first tranche min. 35k BTC to receive -3 % net)

  • 3. 50K-200K BTC : -8 % / -5 % (first tranche 50k BTC to receive -5 % net)

  • Sellerside = 1%-1.5%

  • Buyerside = 1%-1.5%

  • Minimum 5,000 BTC first tranche, with up to 50,000 BTC until contract exhausted buyer to state qty.

  • Payment shall be made by bank transfer via SWIFT MT103 Cash Wire Transfer or Telegraphic Transfer (TT) to the seller´s nominated bank account. Payment shall be made within twenty-four (24) hours after receiving the invoice.

  • SELLER'S PROCEDURES:

  • 1. 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.

  • 2. A video call is made between buyer and seller. Proof of funds (POF) andproof of coins(POC) will be exchanged during the video identity verification by the buyer and the seller as follows:

  • A. Identity: Original Passport must be presented on video by both parties. Seller will ask for additional IDif necessary.

  • B. Wallet: Buyer´s receiving wallet will be submitted privately to the seller.

  • C. (POF): Buyer has to login to his/her bank account to show the proof of funds (POF).

  • D. (POC): Seller will play the recorded proof of coins video (POC) with personalized code given by the buyer.(No Satoshi or A-B wallet test available).

  • 3. Buyer´s Bank Officer will initiate an MT199 communication to seller´s bank, informing the bank of the upcoming transfer with stated exact date of the transaction.

  • 4. Buyer meets with seller´s representative in Hong Kong at buyer´s bank. Upon arrival of the seller´srepresentative at the buyer´s location, they will set the transaction and get started according to what steps 5,6,7,8 in place.

  • 5. Seller issues the invoice and buyer pays the agreed amount of BTC using MT103 Cash Wire Transfer, or Telegraphic Transfer {TT}. Then provide the official bank slip to the seller.

  • 6. Upon the confirmation of the seller´s designated bank of the confirmed clear receipt of payment to the seller, the seller will release the agreed amount of the BTC to the buyer´s wallet, and then the seller will send the screenshot to the buyer as proof showing that the BTC has been sent.

  • 7. Seller´srepresentative and the buyerhave to wait on an agreed place to standby until the six {6} confirmation has been achieved and the Bitcoin {BTC} is finally sitting in buyer´s receiving wallet. buyer will make it known to the seller by providing the screenshot of the confirmed complete transfer.

  • 8. Seller pays commission to all involved parties according to the annexed IMFPAIN-529-BTC-2020, and move to the next tranche until contract is exhausted.

  • 9. For security reasons the seller´s representative hasn´t wallet control. Seller´srepresentative travels empty handed for his own life security. The seller only will send the coins remotely.

BUYER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbidcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com

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