The Oakland Athletics – the well-known baseball team from San Francisco – has reportedly added Bitcoin as a viable means of payment for its supporters to buy a six-seat suite throughout the 2021 home season.
Specifically, the famous baseball team which appeared in the Hollywood production “Moneyball” is making a new deal available – paying 1 Bitcoin (BTC) – roughly equals $57,653 – to secure a full season, six-person suite for the upcoming season.
The crypto-enabled deal reportedly comes with a slight discount, with the purchasing price for the standard payment methods is $64,800.
Bitcoin’s unprecedented surge in price beginning December last year has reportedly unlocked a new opportunity for the A’ to draft up an offer for its supporters, which is also viable to the club, economically speaking.
“Part of the reason we’re 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’s something we’d like to do in more aspects of our business.” Club president Dave Kaval reportedly remarked via an interview.
Kaval further remarked that an additional driving force that led to the initiative for interacting with crypto was reportedly its popularity across California, which is garnering significant attention from the locals, noting that “Especially in the Bay Area you see more people discussing or transacting with Bitcoin.”
Apart from the A’s adoption of cryptocurrency payments, the market for nonfungible tokens (NFTs) – which is accumulating increasing popularity also – is reportedly gradually establishing its presence throughout the art sphere, and the major league sports community.