In line with a public remark by the brand new CEO, Opendoor, a US dwelling purchaser, is sometimes called Ibuyer.
Based mostly on the report, the assertion sparked a rush of headlines that constituted the transfer as a significant step in the direction of crypto funds for actual property, however the firm’s announcement with full particulars continues to be unavailable.
Social Media Govt Alerts
In line with X’s put up, Kaz Nejatian, who not too long ago took over as CEO, responded to a consumer who requested if Opendoor would take Bitcoin.
Nejatian wrote, “We simply must prioritize that.” That brief reply was picked up by a number of crypto retailers, with protection headlines that an actual property firm with round $6 billion is getting ready to simply accept crypto as a type of fee.
Studies reveal that whereas some tales interpret Nejantia’s reply as a strong plan, others deal with it as an exploratory sign reasonably than a accomplished program.
we’ll. Simply prioritize.
– Kaz Nejatian (@canadakaz) October 6, 2025
Board motion and firm measurement
Opendoor is a big shopper actual property platform that buys, renovates and resells properties. Based mostly on the report, latest management modifications embrace the appointment of the Nejanteans as CEOs and the return of co-founders Keithrabois and Eric Wu to the board.
The corporate’s profile and measurement usually reviews a price of round $6 billion in story protection, but it surely helps clarify why the hints have shortly attracted consideration from buyers and crypto watchers.
BTCUSD buying and selling at $124,491 on the 24-hour chart: TradingView
Authorized and monetary context
A latest report reveals Opendoor nonetheless faces notable authorized and investor points, together with a $39 million settlement associated to earlier claims about its pricing practices.
The issue stays separate from the cryptographic sign, however provides context to the reader. Opendoor is a capital-heavy enterprise that operates beneath shut market and regulatory scrutiny.
The transfer to simply accept Bitcoin should conform to mortgage guidelines, closure procedures, remittance legal guidelines, and tax reporting obligations. All of those have been flagged by analysts as complicated components.
How crypto funds work
Based mostly on earlier reviews, one believable method is that the client pays in Bitcoin, however Opendoor or accomplice will shortly convert the income into {dollars} for settlement, defending the vendor from fluctuations in crypto costs and custody legal responsibility.
Such preparations are utilized in different industries the place firms settle for crypto for prime worth transactions.
No affirmation has been made public about which cryptocurrencies are permitted, whether or not partial funds are attainable, or which companions will deal with conversions and custody.
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