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DJ David Guetta Selling Property, Accepting Cryptocurrency as Payment

Prominent French DJ David Guetta has recently put up his thirty-seventh-floor apartment on Miami Beach for sale. He is also accepting payments in cryptocurrencies, namely Bitcoin and Ethereum. The apartment up for sale is a 3-bedroom 2,528 sq. foot seaside property that is located on the 37th floor of the Setai Residences apartment complex and is available to be purchased for $14 million, or approximately 380 BTC at its current value.

The condo consists of three bedrooms, two of them being master suites. The apartment also boasts a panoramic view of the Miami Beach skyline with its wraparound balconies. The apartment complex also has twenty-four-hour hotel service and facilities, which include three seafront pools, a spa, a sauna room, and many more. The property listing is being hosted by a real estate investment company known as Freud Group, which provides its services to athletes, celebrities, and other wealthy individuals.

This is not the first time the DJ has dabbled in the world of cryptocurrencies. Last year in September, Guetta signed a joint venture with Sensorium Galaxy, a decentralized VR platform. The platform has been planning to air shows produced by Guetta himself, who is not one to shy away from performances that are strictly online, and he has performed numerous solo shows during the Coronavirus pandemic.

In spite of which mode of payment will close the deal eventually, the sale is going to be a substantial gain for the renowned DJ. Guetta purchased the property in 2018 for $9.5 million from Lefrak CEO and chairman Richard Lefrak and continues to make $4.5 million from the investment.

The DJ’s decision to allow payment in Bitcoin, as well as Ethereum, may most likely be a seller’s preference. This is due to the fact that other listings present on the platform do not mention accepting cryptocurrencies.



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