DJ David Guetta To Sell $14M Worth BTC or ETH for Luxury Apartment in Miami

The famous French DJ David Guetta revealed that he would accept the sale of a Miami beachfront apartment worth $14 million in Bitcoin or Ethereum.

The property is a three-bedroom apartment with ​​approximately 2,528 square feet on the 37th floor of Setai Residences. The current price is roughly $14 million. During the intraday trading, Bitcoin (BTC) and Ethereum (ETH) were trading at $37,077.59 and $2,453.12 respectively, according to Coinmarketcap.

According to the latest price, if this apartment is sold, buyers need to pay about 377 BTC or 5,707 Ethereum. The auction would be hosted by the Freud Group, a real estate investment company for celebrities.

David Guetta is a French DJ record producer and songwriter. His songs have been viewed more than 1 billion on YouTube. He has racked up over 50 million record sales globally, whereas his total number of streams is over 10 billion. It is reported that the sale will bring him up to $4.5 million in revenue.

As a cryptocurrency-friendly city, Miami is deeply embraced and surrounded by luxury real estate. On May 7, Arte by Antonio Citterio, a high-end luxury condominium located in Miami, announced that it has accepting cryptocurrency as a payment method for new residential developments and purchases of exclusive condos.

However, Miami is not the first city in the world to accept cryptocurrency for real estate transactions. Purchasing real estate property with cryptocurrencies is also becoming true in Dubai.

Asset Advisors, a Dubai-based real estate company, also provides convenient, safe, and transparent digital currency transactions for customers who want to invest in real estate in Dubai.

Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.

Image source: Shutterstock

Tags

• blockchain
• bitcoin
• ethereum
• paymemts
• housing
• real estate