Hedge fund manager will accept Bitcoin for his $16M mansion

posted about 2 months ago
A 10,000 square foot, 32 foot wide mansion, is for sale through Sotheby’s International Realty and Douglas Elliman Real Estate. The house is listed for $15.9 million. Either Bitcoin or cash will be accepted for payment. The homeowner is Roy Niederhoffer, who is the president of New York-based R.G. Niederhoffer Capital Management, Inc, and he said “I’m a big believer in Bitcoin, I really am so bullish on it, and I want to own more of it.”

Were someone to pay in the cryptocurrency, Niederhoffer says, he would simply cover his share of the closing costs in hard currency. “Whatever the obligations and brokers fees are, I would pay in cash and keep the Bitcoin” he said.
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