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Bitcoin Accepted For Yacht Purchases + Superyacht Charters

Marina Nazario | February 10, 2021



Pay for your next yacht using cryptocurrency.

In cryptocurrency news this week, Tesla announced that it would start allowing customers to purchase their vehicles with Bitcoin. All we have to say is, welcome to the club. Denison has been accepting Bitcoin since 2014 and was the first company in the yachting industry to do so. Denison was also the first company with the ability to accept cryptocurrency payments without a limit.

“We need to be present and available to all potential clients in all marketplaces, and if a client wants to pay with Bitcoin, we are positioned to handle the transaction,” said Bob Denison.

And so, since 2014, Denison sold five yachts using cryptocurrency. The most recent transaction was a Lagoon 52 in Fort Lauderdale with an asking price of $839,000 at the time of sale. The ability to safely accept various currencies, including a digital currency like Bitcoin, and distribute these funds in U.S. dollars is a valuable service to Denison’s clients.

Antminers at work in Denison HQ.

Denison actively participates in the Bitcoin network. At Denison HQ in Fort Lauderdale, you’ll find 8 Antminers that are currently supporting the blockchain, 24/7. To those who say it sounds certifiably looney, Denison adds, “If you talk to your grandparents about something like a credit card 60 or 70 years ago, they would’ve thought you were crazy. This is the same thing.”

Elon Musk admits to being late to the party, and we’re excited to have inspired him to make buying an electric car easy for customers.

“I do at this point think Bitcoin is a good thing, and I am a supporter of bitcoin. I am late to the party but a supporter. I think bitcoin is on the verge of getting broad acceptance by conventional finance people,” Musk said during an interview on Clubhouse.

Bitcoin more than quadrupled in price over the course of last year. It then hit a new all-time high of nearly $42,000 at the beginning of 2021. Bullish investors say the digital coin has gotten a boost from increased institutional interest and the perception that it is a safe-haven asset akin to gold, reports CNBC.

How many U.S. dollars Bitcoin buys

Source: CoinDesk

Tesla is the first major automaker to accept cryptocurrency. The company said that it bought $1.5 billion worth of Bitcoin to give the company liquidity in cryptocurrency once it starts accepting it as a form of payment. We expect this to be the first of many times that Tesla will follow the lead of Denison.

With current news circling Bitcoin, we want to remind you that you can pay for a yacht using cryptocurrency at Denison. We’re excited that Tesla took a page out of our book to make large purchases easy and accessible for clients. Contact a Denison yacht broker to buy your next yacht using cryptocurrency. We’re serious.


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