MLB team will HODL Bitcoin received from suite sales, says president
“We’re believers in [Bitcoin] and hopefully it continues to go up and maybe we can find some big free agents with some of the proceeds.” Dave Kaval, president of Major League Baseball’s Oakland Athletics, says the ball club will be HODLing any Bitcoin that fans pay for luxury seats at the team ballpark in the San Francisco Bay Area. In an interview with Bloomberg on Friday, Kaval said no baseball fans had yet taken advantage of the opportunity to buy a full season, six-person suite for the home season for 1 Bitcoin (BTC) since the deal was first announced on March 15. Though the A’s club....
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The president of the American pro baseball team the Oakland Athletics (A’s) recently discussed the ballclub accepting bitcoin for full season suites on Bloomberg TV. A’s president Dave Kaval explained that the team will be holding the crypto asset it obtains from sales, rather than selling because they are “believers in it.” The Oakland Athletics Plans to Hold Bitcoin Revenue In mid-March, Bitcoin.com reported on the A’s accepting bitcoin payments for the 2021 full season suites that seat up to six people. The team’s administration also decided to accept....
The A’s become the first team in Major League Baseball to sell tickets for cryptocurrency. Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them.The Oakland A’s, as they’re colloquially called, introduced an offer on March 15 enabling fans to purchase suite tickets with Bitcoin.On Wednesday, March 31, the San Francisco East Bay ballclub announced that the buyer was New York-based publicly traded crypto asset platform Voyager Digital Ltd. The fintech firm purchased a six-person suite for all of the....
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