Pro Baseball Team Oakland A's Sells Seating for Bitcoin
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Pro Baseball Team Oakland A's Sells Seating for Bitcoin

THELOGICALINDIAN - The MLB aggregation is affairs abounding division amphitheater suites for one Bitcoin each

Professional baseball aggregation the Oakland Athletics is accepting Bitcoin as acquittal for full-season suites, according to an interview advertisement by Bloomberg Technology on Mar. 26.

One Bitcoin Per Suite

Previously, aggregation admiral Dave Kaval appear that his aggregation planned to acquire Bitcoin as acquittal for full-season amphitheater suites, which bench up to six people. Rather than advertise alone tickets, the aggregation chose to advertise one apartment for 1 BTC behindhand of Bitcoin prices.

At accepted Bitcoin prices, that agency that season-long admission to a apartment could be purchased for about $57,500.

In this week’s interview, Kaval said that he has accustomed added than 100 inquiries so far. There are ten amphitheater suites set abreast for the offer, and he hopes that two or three deals will be accomplished by the season’s aperture date abutting Thursday.

He added that the aggregation could acquire added cryptocurrencies in the future, as it relies on the acquittal processor BitPay. He did not say whether the aggregation would acquire cryptocurrency for accepted tickets.

Finally, Kaval declared that the aggregation will not banknote out its BTC for authorization currency. Instead, it affairs to authority the Bitcoin that it receives in hopes that the amount of the cryptocurrency will rise.

Other Sports Teams Accept Crypto

Several added able sports teams acquire ahead absitively to acquire cryptocurrency as a agency of payment.

In aboriginal March, the NBA’s Dallas Mavericks added Dogecoin to its band of accurate cryptocurrencies afterward antecedent crypto abutment in 2019. Earlier, the NFL’s Miami Dolphins partnered with the Litecoin Foundation to partially acquire LTC. The NBA’s Sacramento Kings were one of the ancient teams to acquire crypto in 2014.

Other crypto-related action alfresco of retail payments is additionally underway. Notably, the crypto barter FTX has aloof successfully gained the allotment rights to the Miami Heats’ home stadium.

At the time of autograph this columnist captivated beneath than $75 of Bitcoin, Ethereum, and altcoins.