New York hedge fund president ready to sell his mansion for Bitcoins

Victoria SavchukOctober 24, 201823

Roy Niederhoffer, head of New York hedge fund R.G. Nierderhoffer Capital Management, strongly believe in the future of Bitcoin (BTC). In order to stand his point Roy is ready to accept the digital asset for his house in Manhattan which he has recently made available for sale for $16 million.

There are six floors in the 19th century mansion located on Riverside Drive. The house with a total area of 5200 sqm is placed up for sale for $15,9 million. One can buy it either for traditional currency, or for Bitcoins which the owner is eager to accept.

“I’m a big believer in Bitcoin. I really am so bullish on it, and I want to own more of it,” he said.

If a buyer wants to pay in Bitcoins, Niederhoffer promises he will cover all fees in cash.

“Broker fees, other obligations or whatever will be paid by me in cash to keep Bitcoins,” he marked.


The house is currently estimated in nearly 2,500 BTC.

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We wrote earlier that Binance CEO sold a house to buy bitcoin for $600 but its price dropped 3 times.

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Victoria Savchuk