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Coin Reverse Inc. Paying 15 Percent More for Bitcoin

Vivien Diniz
Jan. 29, 2016 11:00AM PST
Fintech Investing

CoinReverse is still purchasing Bitcoin for even higher amounts than those they were offering within the previous months. T

CoinReverse is still purchasing Bitcoin for even higher amounts than those they were offering within the previous months. The cryptocurrency trader is taking a bold strategy within the current Bitcoin market conditions.
According to the company’s news:

Many may be wondering what stands behind this company’s appetite for Bitcoin. At the heart of CoinReverse there is a handful of people who have financial and economic backgrounds and are confident they know what they are doing. The company’s representatives declared to have purchased over 15000 BTC so far and target the acquirement of another 5000 by the end of February 2016.
While investments are in excess of USD 5 Mil already, the company is going out on the market for more, offering even higher rates for Bitcoin purchase. These weeks the offers stand for 15% above Blockchain’s official rate.

Tom Juno, founder and CEO of CoinReverse commented:

We’re aiming high achievements with this company and so it is our business strategy. At this stage, our main focus is purchasing as much Bitcoin as we can. We are on a budget but haven’t reached its bottom yet. We cannot go public with our future business plan at the moment because it is easy to have competitors steal our ideas and we don’t want that to happen. People may be asking what do we have in mind and many have been wondering if this business makes any sense, as we’re buying expensive Bitcoin, but we have a strategy behind all this and we are confident we’ll surprise the market in a very good way soon. We’re planning on a business that will bring even more value to the cryptocurrency market.

Click here to view the full press release.

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