19 March 2014

$500,000 Villa Sold in What May be Biggest Bitcoin Purchase on Record

Online bitcoin-only luxury marketplace BitPremier has completed the sale of a fully managed villa at the deLMango Villa Estate in Bali, Indonesia, in what may be the largest reported bitcoin transaction to date.


Founder and CEO Alan Silbert indicates that the 3,000-square-foot villa sold for more than $500,000, though the exact price paid by the buyer was not revealed.


Silbert, brother of SecondMarket CEO and BitPremier investor Barry Silbert, indicated that the sale is “by far the largest” completed to date via the marketplace, which was launched last May.


Continue reading at CoinDesk


March 19, 2014 at 10:24PM