Home News DJ David Guetta puts luxury Miami pad up for sale, will accept...

DJ David Guetta puts luxury Miami pad up for sale, will accept Bitcoin for it

693
0

French DJ David Guetta has put up for sale an elite apartment in Miami Beach for $ 14 million. He agrees to accept payments for real estate in Bitcoin and Ethereum. Taking into account the current exchange rate, the cost of an apartment is 37.3 Bitcoin or 5.64 thousand Ethereum. Guetta personally chose cryptocurrency as a means of payment. This isn’t Guetta’s first crypto move, in September the DJ signed a partnership with Sensorium Galaxy, a decentralized virtual reality platform.

The apartment is located on the 37th floor of the Setai Residences condominium complex, its area is 223 sq m. It has three bedrooms and the same number of bathrooms, a view of the city and the ocean. The statement says that noble materials such as wood and marble have been used in the interior, and the complex itself is under 24-hour security. The sale is being carried out by the Freud Group, a real estate investment and celebrity service company.

This housing used to cost less. Guetta acquired the property in 2018 from billionaire Richard LeFrak for $ 9.5 million.Thus, the DJ expects to earn $ 4.5 million from its sale.

Guetta didn’t live there permanently, so he rented out property for 28 thousand dollars a week.

David Guetta also rents his cottage in Edgewater Miami for $ 22,000. The minimum rental period is six months.

Bitcoin is very popular in Miami. So, it was in this American city that a large-scale Bitcoin 2021 conference took place. This event attended such cryptocurrency fans as Twitter founder Jack Dorsey and Microstrategy CEO Michael Saylor.

Even Miami Mayor Frank Suarez is also a Bitcoin fan. Thus, he recently allowed local administration employees to pay salaries in cryptocurrency.

Anonymous real estate purchases

A previously unknown person paid $ 157.5 million for two apartments in a skyscraper located next to Billionaires Street in Manhattan. Thus, it has become one of the most expensive real estate deals in New York.

One 550-square-meter apartment that occupies the entire 60th floor of 220 Central Park South was sold for $ 82.5 million, and the other, on the floor above, for $ 75 million. It wasn’t possible to establish the identity of the buyer.

Payment in Bitcoin and other cryptocurrencies

In May 2021, the Arte Surfside luxury condominium in Miami, where the daughter of former US President Ivanka Trump lives, began accepting cryptocurrency as payment. So, property owners have signed an agreement with the SolidBlock trading platform. It allows potential buyers to pay for purchases with multiple cryptocurrencies, including Bitcoin and Ethereum.

In April, California-based real estate agency Caruso announced plans to accept Bitcoin rentals. This service will apply to both residential and commercial properties, said the general director of the agency. The company invested part of the funds in cryptocurrency and entered into partnerships with major shopping centers The Grove in Los Angeles and The Americana at Brand in Glendale.

In March, American DJ 3LAU became the first musician in the world to sell an album using NFT tokens (non-fungible tokens). He earned $ 11.6 million from this.

Previous articleSEC warns investors of the risks with Bitcoin futures
Next articleHedge fund manager Alan Howard invests in two crypto startups