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Miami Penthouse Sells for Record $22.5 Million in Cryptocurrency

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An anonymous buyer paid $22.5 million in cryptocurrency for a penthouse in the Arte Surfside luxury condominium in Miami. Forbes reports.

The four-bedroom, four-bathroom apartment with an ocean-view terrace sits on the ninth floor. The price per square foot was $4,440.50.

According to the publication, this is the most expensive digital-asset real estate purchase to date. The closing took ten days.

Arte Surfside opened the sale of apartments for Bitcoin and Ethereum in early May. The buyer’s name and details of the cryptocurrency are not disclosed.

Earlier in April, the developer Caruso, billionaire Rick Caruso announced the acceptance of Bitcoin as rent for residential and commercial real estate.

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