Cryptocurrency, US News

NYC Real Estate to Record a Bitcoin-Exclusive Deal

Development and property management firm Magnum Real Estate Group is selling a set of retail condos in New York City for USD 29m exclusively in bitcoin (BTC), the latest sign that BTC is gaining wider adoption among various industries.
The NYC property, located at 385 First Avenue in the upper East side of Manhattan, consists of three retail condos totaling 9,000 sq. f. (800 sq. m) with a fully rented-out retail bottom floor, Yahoo! Finance first reported….
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