452 cash out bitcoin
After reaching the acquisition proposal with Jinghua senior management, the remaining issue is the price. It will take some time for both teams to set the final price, and Zhou Yujie and his group returned to Shangshanghai.
In the afternoon of the same day, Zhou Yujie called Tao Weidong, the person in charge of the group's investment business, and asked: "We are overseas, how many bitcoins do we have now?"
"There are 454,182 in total." Tao Weidong replied without hesitation.
When Tao Weidong entered the headlines, there were only a few people in the company. At that time, Zhou Yujie, who had only made some money in the Internet field, arranged for himself to go to the United States to acquire Bitcoin. At that time, this behavior was simply crazy.
But looking back at the development of Bitcoin in recent years, Tao Weidong couldn't help but admire Zhou Yujie's amazing vision. In the past two years, he has returned to China and became the head of the financial investment department of Toutiao Group, but he still attaches great importance to the tracking of Bitcoin.
Zhou Yujie nodded and said, "It's almost done, sell all these Bitcoins in batches. Be careful not to cause market fluctuations."
"Sell them all now?" Tao Weidong was a little surprised and said, "Mr. Zhou, from the perspective of capital flow recently, a large amount of funds are still trying hard to enter the market. The future value of Bitcoin will only be much higher than that of now. Let's not wait?"
"If you don't wait, just sell it directly, cash is the most stable." Zhou Yujie smiled and shook his head, saying: "Bitcoin is just an investment for profit. It has no strategic significance in itself. Now I need a huge amount of funds, so of course I should cash out.
As for what you said, Bitcoin will increase in price in the future, I believe this, but with the current high price, there will be restrictions on the rise even if it rises. There is no need for us to waste the development of our core careers in order to wait.
And now it is a period of market chaos. At this time, there are many people selling and taking over. When the price rises two or three times and the price reaches the ceiling, the entire market will pay great attention to those big investors holding huge amounts of Bitcoin. By that time, a slight value of 10 billion US dollars will become a mirror and water moon."
Nowadays, the price of Bitcoin is 18,000 US dollars each. According to the original history, it will exceed the 20,000 US dollars in the middle of this year. Three years later, the highest price of Bitcoin reaches 60,000 US dollars, which is three times higher than now.
But Zhou Yujie cannot wait until then to cash out. When the buyer is frightened by the high price, sellers holding huge currencies will also fall into trouble. This is like the stock market. Major shareholders cannot cash out on a large scale at will.
In the original history, the top ten institutions or individuals in Bitcoin holdings have been paid attention to by players around the world. Once these people start selling Bitcoin, the price of Bitcoin will plummet, which will make it difficult for these people to take action.
As for the 3-fold gap, this is nothing for the high-tech or Internet industry, especially some strategic layouts involving Toutiao, which cannot compare with 30-fold returns.
Tao Weidong nodded and said, "Okay, then I'll go to the United States immediately to arrange this matter. However, with such a large amount of sales, it may take three to six months to be safe."
"Time is not a problem, and I won't be in a hurry." Zhou Yujie nodded and said, "Old Tao, you should have bought a part of Bitcoin yourself, right?"
Tao Weidong said a little embarrassedly: "Yes, Mr. Zhou, I once bought a few thousand pieces, but I was a little short-sighted. I took a lot of money when I was more than one thousand dollars a few years ago, and now I only have one or two thousand pieces in my hand."
When Zhou Yujie arranged for him to acquire Bitcoin, Bitcoin was only a few dollars. After that, he had some idle funds, so he also bought some. However, the Bitcoin market fluctuated too much later. It was sometimes dozens of times and sometimes dozens of times, which was too easy for people to soar blood pressure. He was not as huge as Zhou Yujie's career. The assets in his hands were too volatile, which forced him to make rational decisions. He cashed out most of the Bitcoin coins at about one thousand dollars, earned tens of millions of dollars, and kept a small part of it in his hands. No matter how much it dropped, he would not take it seriously.
But he could not have expected that Bitcoin suddenly started to board a helicopter, broke through the 10,000 US dollar mark, and now it started to hit 20,000 US dollars, which made him regret it.
Fortunately, Zhou Yujie later asked him to return to China and entrusted him with important tasks, which not only greatly increased his income, but also obtained the original stock of Toutiao, which also caused the indirect loss of Bitcoin to drop a lot in his asset ratio.
"One or two thousand coins is not bad." Zhou Yujie smiled and said, "I'll give you a suggestion, don't follow me, wait a few more years to see."
The setting of Bitcoin is that there will be up to 21 million coins on the market, which is also the foundation of capital speculation, because its quantity cannot be increased again, resulting in its possession of the gold attributes in ancient times.
It is difficult to cash out hundreds of thousands of Bitcoins in the future, but if there are only a few thousand coins, it doesn’t matter. When you sell them out at 50,000 or 60,000 US dollars each, it will be 100 million US dollars.
After hearing this, Tao Weidong nodded and said, "Okay, thank you Mr. Zhou for your reminder."
For Zhou Yujie, who has been engaged in financial business for so many years, Tao Weidong has long summarized a rule, that is, Zhou Yujie has almost made no mistakes. Not to mention Bitcoin, he even invested in Google, Facebook, Apple, and Tesla stocks overseas. He made a lot of money, let alone domestic strategic investment. With the combination of capital + traffic, Toutiao's foreign investment is a significant success.
...
After Tao Weidong left, Zhou Yujie called Lin Youde and told him about cashing out Bitcoin.
"Mr. Zhou, you have cashed out all your money. What are you going to invest in?" Lin Youde asked calmly.
As the second person in the headlines, he had known that Zhou Yujie had made a layout for Bitcoin a few years ago. At first, he didn't care, but later as the price of Bitcoin became higher and higher, Lin Youde began to pay attention.
With more than 400,000 Bitcoins, even if the current price of Bitcoin does not rise, it can cash out $7 billion. This is a huge amount of funds. Although many industries under Toutiao have long exceeded this value, the valuation is valuation, and cash is cash. The whereabouts of this fund are enough to determine the fate of any or even two or three subsidiaries.
Zhou Yujie smiled and said, "This fund will not be invested in the existing business. You know I am already acquiring a medical device company, and I am going to invest another billion US dollars."
Chapter completed!