Bitcoin News

Oakland Athletics baseball team accepts Bitcoin for suite rental

The Oakland Athletics baseball team typically rents out its full-season luxury viewing suites for $64,800. But until April 1, the suites will be available for the price of one BTC. 

“We heard from our fans that they’re interested in paying in crypto,” Dave Kaval, president of the team, told Bloomberg on Monday. “So we said, ‘Hey, let’s take one of our products — our suites, put it on sale for one Bitcoin, and see if we get any takers.’” 

Kaval says that while the team had over 100 inquiries regarding the luxury suites and COVID-10 safety procedures, no one has offered to pay in bitcoin. “We have till next Thursday to get people on board,” he said. “I’m hopeful we get two or three.”

The team plans to hold on to any BTC earned rather than sell it upon receipt. “We’re gonna hold it,” Kaval said. “We’re believers in it.” 

If there is enough interest in paying for the suites with Bitcoin, the team plans to add other forms of crypto as payment options down the line. Kaval said the Oakland A’s are also in support of making NFTs of their players, specific plays, and other aspects related to the team. 

“We’re looking to break some new ground in baseball and sports,” Kaval said. “And that’s really been a great area for us to try new things in Oakland.”

Related Reading

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button