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Author Topic: Oakland A's major league baseball team now accepts Bitcoin for suites.  (Read 454 times)

Offline Malam90

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The Oakland Athletics, the team at the center of the box office hit movie “Moneyball,” is accepting a single Bitcoin as payment to secure a six-seat suite throughout the 2021 home season.

The Oakland Athletics, the San Francisco East Bay ballclub at the heart of the Academy Award-nominated 2011 movie Moneyball, is greeting the new season with a Bitcoin-friendly offer for its fans.

Until April 1, the club is offering a full season, six-person suite for the home season at the price of 1 Bitcoin (BTC), currently valued at $57,653. That works out — for the time being — to be a slight discount, given that the fiat currency price for a suite is fixed at $64,800.

Bitcoin's unprecedented price rise since December 2020 has opened up the possibility for the A's to design an offer for fans that is also economically sound for the club. In an interview with reporters on Sunday, club president Dave Kaval said:

“Part of the reason we’re doing this is the price makes sense. Since a Bitcoin is worth about the same as a season suite it gives our fans some different choices. And it kind of tests it to see if it’s something we’d like to do in more aspects of our business."

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