A Las Vegas, Nevada businessman Jack Sommer who once owned the Aladdin Resort (now known as Planet Hollywood) and is now a commercial developer is putting his 25,000-square-foot mansion in the Spanish Trail Country Club up for sale in bitcoin, in order to attract more attention to his property.
“The advantage is that we’re expanding our market and adding some notoriety,” he said in a statement. Sommer is selling the home because most of his seven children have moved out, and a downsize is apparently in order.
The home, which includes a push secret garden, marble from an array of locations around the world, and even staff quarters is up for grabs at a cool $7.85 million, or just about 9,000 BTC at the current exchange rate.
Sommer reportedly got the idea to sell the home for digital currency from his two sons, who are avid bitcoin enthusiasts, miners, and traders. According to Sommer’s sales estate agent at Prudential American Group, this could be the first home marketed in bitcoin in southern Nevada.
It’s an excellent opportunity for the young money in bitcoin — folks who used ordinary computers to mine in the currency’s early days and are now bitcoin millionaires. ()
