Opendoor, the US home-buying firm usually described as an iBuyer, has signaled it might settle for Bitcoin for property purchases, in accordance with public feedback by its new chief govt.
Based mostly on reviews, the comment has sparked a rush of headlines that body the transfer as a serious step towards crypto funds in actual property, however firm bulletins with full particulars should not but out there.
Govt Indicators On Social Media
Based on posts on X, Kaz Nejatian, who not too long ago took over as CEO, answered a consumer who requested whether or not Opendoor would take Bitcoin.
Nejatian wrote, “We are going to. Simply have to prioritize it.” That brief reply was picked up by a number of crypto retailers, and the protection carried headlines saying a roughly $6 billion actual property agency is getting ready to just accept crypto as a type of fee.
Reviews have disclosed that some tales interpret Nejatian’s reply as a agency plan, whereas others deal with it as an exploratory sign quite than a completed program.
We are going to. Simply have to prioritize it.
— Kaz Nejatian (@CanadaKaz) October 6, 2025
Board Strikes And Firm Measurement
Opendoor is a big client actual property platform that buys houses, renovates them, and resells them. Based mostly on reviews, current management modifications embody Nejatian’s appointment as CEO and the return of co-founders Keith Rabois and Eric Wu to the board.
The corporate’s profile and scale — usually reported round $6 billion in worth in protection of the story — assist clarify why the trace drew fast consideration from traders and crypto watchers.
BTCUSD buying and selling at $124,491 on the 24-hour chart: TradingView
Authorized And Monetary Context
Current reviews word Opendoor nonetheless faces excellent authorized and investor points, together with a $39 million settlement tied to earlier claims about its pricing practices.
That matter stays separate from the crypto sign, however it provides context for readers: Opendoor is a capital-heavy enterprise that operates in tight markets and beneath regulatory scrutiny.
Any transfer to just accept Bitcoin must match into mortgage guidelines, closing procedures, money-transmission legal guidelines, and tax reporting obligations, all of which have been flagged by analysts as possible complicating elements.
How Crypto Funds Would possibly Work
Based mostly on the reporting to this point, one believable strategy can be for patrons to pay in Bitcoin whereas Opendoor or a associate instantly converts proceeds into {dollars} for settlement, shielding sellers from crypto value swings and custody tasks.
Such preparations have been utilized in different industries the place companies settle for crypto for high-value transactions.
No affirmation has been printed about which cryptocurrencies can be allowed, whether or not partial funds can be attainable, or which companions may deal with conversion and custody.
Featured picture from Passionate In Advertising, chart from TradingView
Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent assessment by our crew of high expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.