Beverly Hills mansion is for sale with BTC payment option

by in Cryptocurrency News

Beverly Hills

In Beverly Hills, a mansion for $65M was put up for sale, which can also be paid for with bitcoin.

At the exchange rate at the time of writing, the price in the first crypto is around 1930 BTC. In the case of a purchase with Bitcoin, the transaction will be the largest in the real estate sector using digital assets.

“We are seeing a trend of sellers who are open to payments in digital currencies,” said real estate agent Aaron Kirman.

According to Michael Chen, founder of the Luxford Development Group, digital assets are gaining popularity in such transactions because they are “easier, faster and cheaper.”

Trending: Finder: Bitcoin could hit $80,000 by 2025

The 18,000 square foot (~ 1,670 square meters) mansion is built in the Trousdale Estates area, home to actress Jennifer Aniston, TV host Ellen DeGeneres and other celebrities.

Recall that in early June, a penthouse in Miami was sold for a record $ 22.5 million in cryptocurrency.

In April, billionaire Rick Caruso’s development company Caruso announced that it would accept bitcoin as rent for residential and commercial properties.