Nairaland worth more than N150m, Nigerians knock Bitcoin trader Gaius Chibueze

Nigerians have come hard on a Bitcoin trader Gaius Chibueze who offered to buy Nairaland for N150 million cash or in Bitcoin.

Mr Chibueze aka Bitcoin Chief made the offer on Tuesday via Twitter on the sidelines of the purchase of Twitter by the world’s richest man Elon Musk for over $40 billion in cash.

As part of his offer, Chibueze tweeted that he is willing to allow Nairaland founder Seun Osewa keep 10 per cent of the company.

“I am ready to retain the existing Team after payment and allow Seun, the CEO of Naira Land, 10% of the Company,” he said.

His offer has been met with widespread criticism on Twitter. See reactions below: