Chapter seven hundred and fortieth sell-off(1/2)
"Okay, then just follow what Mr. Sun said, with a valuation of 3.5 billion, I will sell 6% of the shares, and I will ask the legal affairs department to handle it next week";
Ma Yibo did not hesitate. He initially invested only 500,000 yuan, and then several million more. Now he has sold 6% of the shares and has received 210 million yuan in funds;
Even after deducting 20% personal income tax, there is still 168 million. Compared with the investment, it can be said that the rate of return is quite amazing.
Bihao Exchange is also a cash cow, all transactions are done with money.
This is not the first time Sun Yuchen has known Ma Yibo's decisiveness;
Although Sun Yuchen knew that Ma Yibo must have investigated Bihao Exchange, he did not expect that he would be so decisive;
With this result, everyone is happy;
Sun Yuchen became the actual controller of Bihao Exchange, and Ma Yibo received a large amount of cash.
"Mr. Sun, we have decided on the share transfer."
"I hope that Bihao Exchange will create greater glory under the leadership of Mr. Sun."
"Mr. Ma, don't worry, Bihao Exchange is all mine now, 210 million funds, and I will find a way to give it to you within half a month."
The two held their right hands tightly and shook them twice, both of them were so sincere.
"Okay, I'm not in a hurry. I have something that I would like to ask Mr. Sun to help me handle."
"You say"?
"I bought more than 30,000 Bitcoins before, and the current value is estimated to be around 150 million. I want you to help me find someone to cash out 100 million in the past two months, which means selling 20,000 Bitcoins";
"At the same time, help me buy some Ethereum, just buy it at the current price, the more the better."
Ma Yibo's words shocked Sun Yuchen;
It's already mid-October and it's almost the end of the year;
At the end of the year, for Bitcoin, it is simply an inescapable curse.
In recent years, at the end of every year, Bitcoin will have a sharp correction, as if it has become a law;
But now, Ma Yibo actually wants to sell two-thirds of his Bitcoins. Thinking of Ma Yibo's two previous operations, Sun Yuchen couldn't help but wonder, should he sell some too?
Originally, Sun Yuchen planned to hold it for a long time, but now, he has acquired 6% of Ma Yibo's shares at a cost of 210 million. Even if he borrowed money from his father, this is not a small sum of money;
If Bitcoin can really pull back sharply, it is not impossible to sell a little now.
"Mr. Ma, what news do you have? Are you ready to sell?"
"Hey, to put it mildly, I'm short of funds right now";
"Our Aunt Qin Group has raised 2.5 billion and it will be spent soon. We will have big development next year. No matter where the money is now, if I can get some money back, I want it back."
“I got over 160 million shares, and sold 100 million bitcoins, almost 260 million”;
"You should also know that by the end of the year or early next year, our Aunt Qin Group will raise funds from outside. If I don't have any money of my own, it is very likely that the price will be lowered by those investment institutions."
"Actually, I am quite optimistic about Bitcoin. After Aunt Qin Group raises funds, maybe I will buy it back."
Sun Yuchen was noncommittal about Ma Yibo's explanation;
Today’s Aunt Qin Group is no longer Xiao Luo Luo. It is simply impossible for individual institutions to lower prices;
Not to mention Yuanfang Investment, who is a die-hard fan of Aunt Qin;
Furthermore, many institutions want to join the Aunt Qin Group, not to mention lowering the price. As long as the premium is not particularly high, it is estimated that investment institutions will flock to it.
"Okay, I'll let Brother Bao arrange it. Our currency exchange has many traders now. Although 20,000 Bitcoins is a lot, it won't be a big problem if we don't have to sell them all in a short period of time."
"Don't worry, just get it done before our Aunt Qin Group raises funds before the end of the year. We still have a month or two."
Ma Yibo sold Bitcoin because he really felt that Bitcoin was going to fall;
Except for the New Year period in January 2017, when Bitcoin was in a bull market, other times, during the New Year period, it started with a sharp fall;
Although I don’t know how severe the fall will be, but now in mid-October, if I sell in time for December, not to mention the highest point, at least it will be a high point;
When the time comes, wouldn’t it be nice to grab the bottom of the status?
Ma Yibo now attaches less importance to Bitcoin than to Ethereum;
Now that Ethereum has just come out, the increase will be very scary.
"Mr. Ma, if you want to buy Ethereum, you can buy it directly from the company";
"The 3 million Ethereum we bought before is just a strategic reserve. If it can develop, we can benefit. If it cannot develop, it will be our ten-day profit."
"If you want it, I will directly give you 1 million Ethereum, which will save you a short time in purchasing on the secondary market, causing the price of Ethereum to be artificially high."
"Mr. Sun, Brother Bao also has a share of Bihao Exchange. How about you also ask him to come over and discuss it?"
Although Sun Yuchen didn’t know why Ma Yibo was so cautious, he let them trade Bitcoin worth hundreds of millions;
Now, buying 1 million Ethereums will only cost less than 2 million yuan according to the market price. Is it still worth such a big deal?
Since Ma Yibo said this, Sun Yuchen would not be so stubborn. It was just a matter of a few words anyway.
"Mr. Sun, are you looking for me?"
"Brother Bao, long time no see";
After Wang Bao walked into Sun Yuchen's office, he saw Ma Yibo;
Before he could say hello, Ma Yibo was the first to say hello.
"Mr. Ma, long time no see."
Looking at Ma Yibo in front of him, Wang Bao was extremely happy;
If there hadn't been this person in front of him, maybe he would still be struggling to distribute leaflets to the Martians?
Of course, now that the value of Bitcoin is so high, it is likely that flyers are no longer distributed;
But how can the value of Bitcoin be as high as the value of his current shares on Bihao Exchange?
In particular, the sense of accomplishment that status brings is far better than some money.
Thinking about the Martians and then looking at himself, Wang Bao felt that he was very lucky.
"Brother Bao, Mr. Ma said that he wants us to help him buy some bits. Didn't our exchange buy 3 million bits before? I want to take 1 million from them and sell them to Mr. Ma at the market price. Do you think it will work?
no"?
When Sun Yuchen saw Brother Bao, he said this;
From Sun Yuchen's point of view, Wang Bao would not disagree.
This is also the case. Wang Bao did not hesitate: "Mr. Sun, how about selling it directly to Mr. Ma for the one yuan we originally purchased, anyway, the difference is only a few hundred thousand";
"Brother Bao, no need, just the market price."
Just like that, the topic took over;
After chatting with Brother Bao and Sun Yuchen for a while, Ma Yibo left directly;
Sun Yuchen and Brother Bao directly sent Ma Yibo downstairs and watched Ma Yibo leave.
"Brother Bao, Mr. Ma just said that he should sell 20,000 Bitcoins out of the more than 30,000 Bitcoins in his account. You can just find someone to sell them all before the end of the year."
When the two returned to the office, Sun Yuchen said to Brother Bao.
"Ah, Mr. Ma is selling again"?
To be honest, Wang Bao admires and recognizes Sun Yuchen's ability very much, but he admires Ma Yibo's magic even more;
You know, Ma Yibo has sold Bitcoin several times, almost always selling it at a high price and buying it back at a low price. This has caused Wang Bao to feel a sudden rush in his heart when he heard that Ma Yibo was going to sell Bitcoin;
“Is Bitcoin going to have another major correction?”
This idea popped up immediately, and it was still something I couldn’t suppress;
When Bitcoin corrects, especially a sharp correction, they all suffer;
If the price of Bitcoin drops sharply, the number of traders will decrease significantly. Likewise, the development of their currency exchanges will also be greatly restricted;
In Wang Bao's view, it is best to keep rising, tothemoon.
Sun Yuchen also told Wang Bao the reasons Ma Yibo told him just now. He could decide whether he believed it or not.
"Okay, I will arrange for people to dump 20,000 Bitcoins in more than a month. According to the current trading volume, it is not a problem at all";
"Mr. Sun, look, should we sell some?"
Brother Bao asked his biggest doubt.
"I plan to sell half of my Bitcoins, and if they really fall, I will take them back";
"Mr. Ma came just now and mainly said that he would sell 6% of the shares of Bihao Exchange to me, and I would acquire them at a valuation of 3.5 billion";
"It will cost 210 million to acquire these 6% shares. I don't have that much money. I can only hope that Bitcoin will plummet at the end of the year to make some profit. I will also have to borrow a large amount of funds from my family to acquire Mr. Ma's shares."
”.
Wang Bao was not happy to hear this.
Listen, what are these words? Borrow a large portion of funds from home;
To be continued...