{"id":116958,"date":"2021-03-15T18:48:42","date_gmt":"2021-03-15T18:48:42","guid":{"rendered":"https:\/\/precoinnews.com\/?p=116958"},"modified":"2021-03-15T18:48:42","modified_gmt":"2021-03-15T18:48:42","slug":"american-professional-baseball-team-adopts-bitcoin-btc","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/american-professional-baseball-team-adopts-bitcoin-btc\/","title":{"rendered":"American Professional Baseball Team Adopts Bitcoin (BTC)"},"content":{"rendered":"

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Oakland Athletics has announced that its fans can now purchase its full coliseum suites for the 2021 Major League Baseball (MLB) season for 1 bitcoin (BTC). The team says the move is in a bid to satisfy the yearnings of fans, while also supporting innovation.<\/strong><\/p>\n

<\/span>The A\u2019s Catches the Bitcoin Fever\u00a0<\/strong><\/span><\/h2>\n

The bitcoin price kissed the $61k price region for the first time ever on Sunday, March 14, 2021, and in a bid to commemorate the huge milestone, the Oakland Athletics (the A\u2019s), an American Major League Baseball (MLB) team, is now accepting the world\u2019s number one cryptocurrency.<\/span><\/p>\n

According to a tweet by Dave Kaval, the president of Oakland Athletics, .the team is now selling its coliseum suites for the full 2021 season for exactly 1 bitcoin (BTC), making the A\u2019s the first MLB team to accept bitcoin as a payment option.<\/span><\/p>\n

Kaval tweeted:<\/span><\/p>\n

As stated on its <\/span>website<\/span>, the A\u2019s coliseum suite costs $68,400 for the full season. However, fans who choose to pay with bitcoin before April 1, 2021, stand a chance of getting a huge discount, assuming the price of the digital currency fails to surpass the $60k area by then.<\/span><\/p>\n

\n

\u201cFull season regular Price: $64,800. Cryptocurrency Price: 1 Bitcoin. Until April 1, fans can purchase a full season six-person suite for one bitcoin. To order a full season suite, and coordinate secure cryptocurrency payment, contact us at [email protected]<\/span>,\u201d the team declared.<\/strong><\/p>\n<\/blockquote>\n

In addition to accepting bitcoin payments, the team has also <\/span>hinted<\/span> that it’s looking to start paying its players in bitcoin (BTC).\u00a0<\/span><\/p>\n

<\/span>Bitcoin Gone Mainstream?<\/strong><\/span><\/h2>\n

Explaining the reason behind the team\u2019s decisions to start accepting the super volatile cryptocurrency, Kaval made it clear that the move is in response to customer demand, <\/span>adding<\/span> \u201cAnd when we saw enough of those data points, and when we also saw that the bitcoin price was approaching our suite price, it was a perfect storm.\u201d<\/span><\/p>\n

Interestingly, the bitcoin price has crashed by 7.91 percent since attaining its ATH of $61k and it\u2019s now trading at $56,071.<\/span><\/p>\n

Despite its crazy price fluctuations, bitcoin is up by <\/span>950.56 percent<\/span> in the past one year, a solid bullish move that has made it the darling of forward-thinking institutional and <\/span>retail investors<\/span> alike.<\/span><\/p>\n

As <\/span>reported<\/span> by <\/span>BTCManager<\/span><\/i>, American Residential Warranty (ARW), a Florida-based home warranty company is adding bitcoin to its balance sheet and plans to accept it as a payment option for its services.<\/span><\/p>\n

<\/span>Related posts:<\/span><\/h3>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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