Bitcoin Palace

A luxury penthouse condo in Miami sold recently for 33 bitcoin, when the price was $16,000+ for each coin before tumbling today. It’s the first property that’s listed for sale where the seller only wants cryptocurrency, according to Redfin. “This is interesting because it looks like it’s $33 but it’s 33 bitcoin. We noticed a lot are in south Florida and in California, where they mention bitcoin, though they’re all around the country. We’re going to be polling agents to see if buyers who came into bitcoin are going to be buying,” said a company representative. Continue reading for more pictures and information.

Bitcoin Palace
Bitcoin Palace
Bitcoin Palace
Bitcoin Palace
Bitcoin Palace

“Bitcoin is currently trading around $16,500, which means the condo is priced at roughly $544,500. The seller, perhaps encouraged by the stratospheric rise of bitcoin, likely believes the trend will continue, suggesting that they’ll continue to make money well after the sale of the condo,” reports CNBC.