[NEWS] A Mansion is sold by Justin Bieber’s Manager in Bitcoin worth $18.5 Million.

Tierion’s CEO – Wayne Vaughan – purchased it for $18.5 million in bitcoin.

Scooter Braun is an American media tycoon and manager of Justin Bieber , Ariana Grande, and Demi Lovato – reportedly sold his deluxe property in Texas for Bitcoin worth of $18.5 million. The deal made it the highest transaction in cryptocurrency for real estate in the State’s history.

Bitcoins in exchange for house.

Cryptocurrency have become a vital aspect in the real estate business. According to a recent report by the Wall Street Journal, the latest well known individual to sell his property for digital assets is the American investor – Scooter Braun. The buyer of the house is Wayne Vaughan – CEO of Tierion.

Location of house

The7400 sq ft mansion is located on a two-acre property on Lake Austin. It has six bedrooms, seven bathrooms, and numerous number of facilities such as a big waterfront and a large deck with a swimming pool. Not long ago, Tony Buzbee listed his residence for $27.5 million as he revealed bitcoin is among the accepted payment methods. Assuming if someone pays that much amount in crypto, it will become the most expensive transaction conducted in cryptocurrency.

The Current Record

Last year in June, an unknown buyer purchased an expensive penthouse in Miami Beach for $22.5 million in cryptocurrencies. However, the type of assets is not disclosed yet. Apart from being the most expensive property ever sold for digital assets, the deal broke another record. No other penthouse in Miami beach has ever been sold for such a high price per square foot – $4,450.50/SF.

Alex Sapir commented on the matter and said that deals with cryptocurrencies are very safe and added that more and more people want to acquire other apartments from the building with cryptocurrencies.