Tron Founder Justin Sun Desires US Bitcoins to Sell: He Made a Surprise Offer!

As it is known, a few hours ago, the US administration seized the Silk Road investigation. your bitcoins He announced that he had sold some of them. In addition, he stated that he would sell a total of 41,500 BTC in four lots during the year.

Tron Founder Justin Sun Offers To Buy US-held Bitcoins With 10 Percent Discount

Tron founder Justin Sun said in his statement that the US government aspires to sell these 41,500 BTC and wants to buy them 10% cheaper than the normal price with OTC trading.

In his message on Twitter, Sun said:

“The US government has announced its intention to sell an additional 41,500 BTC this year. To minimize the potential impact on the market, I would like to offer to buy these BTCs at a 10% discount for an OTC deal.”

US government has announced its intention to sell an additional 41,500 #BTC this year. To minimize the potential impact on the market, I would like to offer to purchase these BTC at a 10% discount for an OTC deal.

— HE Justin Sun 孙宇晨 (@justinsuntron) March 31, 2023

OTC stands for over-the-counter and means buying and selling assets without trading on an exchange.

The remaining 41,500 bitcoins are worth about $1.16 billion at the current price of about $28,000. If Sun’s offer is accepted, he will pay about $1.04 billion for them.

sun, cryptocurrency He is known for his assertive and controversial moves in the field. The celebrity is best known as the founder of Tron, a blockchain platform that aims to decentralize the internet and entertainment industry. It also bought the peer-to-peer file-sharing network BitTorrent and Steemit, a social media platform powered by the blockchain.

Sun’s bid to buy the US government’s BTCs could be seen as an advertising effort or a genuine attempt to acquire more crypto assets. But it’s unclear whether the US government will accept Sun’s bid or go to another auction.

*Not investment advice.