The Oakland Athletics team, the San Francisco East Bay baseball club at the heat of the movie Moneyball, has announced it\u2019s selling suites for their fans in a bitcoin-priced offering.<\/p>\n
Fans can, until April 1, buy a full season, six-person suited for one bitcoin, which is currently trading at $56,500 according to CryptoCompare data. The team\u2019s offering was revealed when BTC broke the $60,000 mark, which brought its price close to the price of a suite in USD, $64,800.<\/p>\n
Oakland A\u2019s fans can now get a discount of nearly $10,000 on a full season six-person suite if they choose to pay in the flagship cryptocurrency. Dave Kaval, the club\u2019s president, said in an interview with reporters the move makes sense for the team:<\/p>\n
Part of the reason we\u2019re doing this is the price makes sense. Since a Bitcoin is worth about the same as a season suite it gives our fans some different choices. And it kind of tests it to see if it\u2019s something we\u2019d like to do in more aspects of our business.<\/p>\n
Other sports teams, including Mark Cuban\u2019s Dallas Mavericks, already accept payments in bitcoin and other cryptocurrencies, but the Oakland A\u2019s offering is the first priced in cryptocurrency. Kaval noted that the price of a season suite fluctuating with BTC\u2019s price \u201cadds to the excitement.\u201d<\/p>\n
Kaval has also said the decision to add the bitcoin offering was related to its rising popularity in California. Per his words in the Bay Area \u201cyou see more people discussing or transacting with Bitcoin.\u201d The suites include a private restroom and free snacks, and were described as \u201cthe \u00a0perfect way for groups who want to safely socially distance themselves.\u201d<\/p>\n
Local health regulations require the A\u2019s ballpark to open at 20% capacity for Major League Baseball\u2019s opening day, with the figure likely set to improve as do coronavirus numbers in the region.<\/p>\n