15/03/2021 1 Minute Read

Bitcoin and Baseball: MLB's Oakland A's to accept the cryptocurrency as payment

A six-person private suite for every regular season game is selling for one Bitcoin, which, at the time of writing, is approximately US$ 57,000.

The Oakland A's of Major League Baseball (MLB) have announced that they are now accepting Bitcoin as payment for suite access at the Oakland Coliseum during the 2021 regular season. Fans can pay one Bitcoin (approximately US$ 57,000 at the time of writing) for access to a six-person private suite at all regular season game.

The offer covers 100 suites and is valid through Thursday, 1 April, which is Opening Day. The current season ticket for the six-person suite is US$ 64,800.

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"We invite our fans to become the first Bitcoin suite holders in sports. We’re excited to be one of a handful of teams to accept cryptocurrency for payment and the first to price tickets in crypto instead of U.S. currency. The price of a season suite in U.S. dollars may fluctuate depending on when it’s purchased, which adds to the excitement!" A’s president Dave Kaval said in a statement.

California is expected to admit fans to sports events up to 20% of the stadium capacity to start the season.

The Oakland A'S became in 2003 the subject of the award-winning book Money Ball by Michael Lewis. Director Bennett Miller in 2011 turned it into an Academy Award-nominated movie starring Brad Pitt.