In MLB First, Oakland A's Sell a Private Suite for 1 Bitcoin

A’s President Dave Kaval previously said the baseball team would “hodl” the bitcoin received from sales and not convert it into fiat.

AccessTimeIconApr 1, 2021 at 2:25 p.m. UTC
Updated May 9, 2023 at 3:17 a.m. UTC

The Oakland A’s is the first baseball team to have sold a luxury box for bitcoin.

  • A’s President Dave Kaval tweeted Wednesday that crypto broker Voyager Digital had become the first buyer of a full-season suite at the Oakland Coliseum.
  • The team announced March 14 it was selling private suites for the full 2021 season for either $64,800 or 1 BTC.
  • The bitcoin paid by Voyager Digital was worth about $59,240 at the time of Kaval’s tweet.
  • However, one must wonder what the firm’s cost basis was for the transacted bitcoin. Voyager Digital’s Stephen Ehrlich started as CEO in January 2018, when bitcoin was trading around $12,000.
  • Kaval told Bloomberg on March 26 the A’s would hodl any bitcoin received from such sales and not convert it into fiat.
  • “The price of a season suite may fluctuate depending on when it’s purchased, which adds to the excitement,” Kaval said when the scheme was announced.
  • The A’s start the 2021 baseball season tonight in a home game against the Houston Astros.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.