Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Fawpac2 on July 03, 2021, 11:47:15 PM
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The owner of an exclusive Beverly Hills residence, listed for $65 million, is allowing buyers to pay with Bitcoin to acquire the property. If executed, the deal will break the record for the most expensive estate sold for cryptocurrency.
BTC Invades Beverly Hills
The American business magazine Forbes reported that the multimillion-dollar home in Beverly Hills, called Elementi, can be purchased for either $65 million in cash or the bitcoin equivalent to the fiat currency – around 1950 BTC with today’s prices. The listing agent Aaron Kirman, who is one of the co-listers of the property, commented on the news:
Crypto is something the sellers are very interested in, and it’s a growing movement that I believe will be incorporated into the residential sphere.”
Despite the ongoing decline of the crypto market, Kirman affirmed that many real estate businesses, especially sellers, prefer digital assets as a payment method. He even said that never before the levels of crypto transactions have been that high.Source (https://cryptonews.net/950523/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)