Coinpaprika
2025-10-07 08:23:01

OpenDoor hints at accepting Bitcoin for home purchases

OpenDoor Technologies , a U.S.-based real estate platform that lets users buy or sell homes directly online, said it is exploring ways to accept Bitcoin and other cryptocurrencies for home purchases . The company operates on an “instant buying” model, where it purchases homes from sellers, makes minor upgrades, and resells them through its digital platform. After the CEO’s remarks on potential crypto integration, OpenDoor’s stock rose sharply as investors reacted to the prospect of blockchain-linked property transactions. Current Status So far, the company has not issued a detailed roadmap or launch timeline. The comments suggest an exploratory phase rather than an active rollout, with internal assessments likely focused on payment processing, compliance, and risk controls. Strategic Context If implemented, crypto payments would make OpenDoor one of the first large real-estate platforms to bridge blockchain assets with property sales . Such a move could appeal to investors holding Bitcoin as long-term capital but would face hurdles around price volatility, tax treatment, and liquidity management.

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