8 Dec, 23
The Bitcoin Discount Note – Defined Outcome Investing
As the Bitcoin market continues to evolve, investors seek innovative ways to capitalise on its potential. The Bitcoin Discount Note offers a compelling opportunity for those with a neutral to positive outlook on Bitcoin over the next six months.
What is the Bitcoin Discount Note?
The Bitcoin Discount Note is a Structured Product that allows investors to enter a long position in Bitcoin at a price lower than the current market value, contingent on specific conditions at expiry. The advantage of Structured Products is that they can provide more defined outcomes than buying the underlying asset. There are two key outcomes at expiry for the Bitcoin Discount Note – either buying BTC 10% below the current spot price, or earning up to 33% on your initial investment (in USD).
- Ideal for investors with a stable to moderately bullish outlook on Bitcoin.
- Less suited for those anticipating a major bull run or significant decline in BTC before the expiry date.
- Maximum risk involves the initial investment amount.
- WHOLESALE INVESTORS ONLY.
|Current BTC Market Price
|Discount to Current Market Price
|Purchase Price if below Cap Price
|Cap Price (20% above Current Market Price)
|Return if above Cap Price
- Minimum Investment: $50,000
- Currency: USD
- Expiry Date: 28 June 2024
Payoff at Maturity
1) If BTC is above $50,400 on 28 June 2024, investors earn a 33% return in USD.
2) If BTC is below $50,400, investors have the option to buy BTC at a 10% discount from its current price.
This investment strategy is an attractive option for those who believe in a neutral or steady growth of Bitcoin. It offers a unique blend of potential high returns and a strategic entry point.
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