Coinbase Brokered Michael Saylor’s BTC Purchase

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  • Thu, Dec 03, 2020 - 07:56pm

    #1
    Mohammed Mast

    Mohammed Mast

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    Coinbase Brokered Michael Saylor’s BTC Purchase

Well the cat is out of the bag. Coinbase brokered Michael Saylor’s BTC purchase. Wonder how much they made in fees?

https://www.coindesk.com/microstrategy-used-coinbase-for-massive-bitcoin-purchase

  • Fri, Dec 04, 2020 - 11:57am

    #2
    Craig

    Craig

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    Coinbase Brokered Michael Saylor’s BTC Purchase

Mohammed (or anyone),  you ever look into private placements from Grayscale?  They allow a buy-in at NAV of either their Bitcoin or Ethereum trusts and have a lockup period of 6-12 months.  They charge a 2.5% expense and the shares become tradeable on an exchange after the lockup.   These generally trade at a pretty high premium which you capture on disposition.

 

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