Opendoor Technologies will allow people to buy homes using Bitcoin and other cryptocurrencies, CEO Kaz Nejatian announced on October 5, 2025.
The news was shared on social media when Nejatian replied to someone suggesting crypto payments by saying, “We will. ” “Just need to make it a priority. ”
Opendoor’s stock went up to $8. 3811 after the CEO promised something in public.
The company based in San Francisco works in 44 states in the U. S The company is worth $6. 22 billion and made $1. 57 billion in sales in the second quarter of 2025.
Buying homes with Bitcoin. Opendoor is planning to invest heavily in buyers who use cryptocurrency.
Nejatian’s approval helps Opendoor reach a group of rich buyers who have a lot of cryptocurrency but don’t have many ways to use it in regular markets.
The timing matches with Bitcoin’s recent rise to $125,000. This has attracted new wealthy investors who want to turn their crypto profits into real things, like property.
Using cryptocurrencies for payments in real estate makes buying and selling easier. It cuts out the usual problems with banks, speeds up international money transfers, and allows for quick payment settlements that regular bank methods can’t offer.
Opendoor’s way of doing business involves quickly buying homes for cash, fixing them up, and selling them again. They could gain from using fast and efficient transactions through blockchain technology.
The company has about 1,470 workers and offers home-buying services through a mobile app, helps with financing, and has the ability to accept cryptocurrency payments.
Financial reports reveal that Opendoor cut its operating costs by 34. 33% compared to the previous year, bringing them down to $132 million. They also reduced their net loss to $29 million in the second quarter of 2025.
The company’s earnings per share went up by 72. 48% to -$001, and its EBITDA rose by 113. 33% to $8 million.
Big real estate company Opendoor will allow people to use Bitcoin and other cryptocurrencies to buy homes, the CEO has announced.
Opendoor Technologies Inc. Source: Google Finance
Real Estate Industry Welcomes Crypto Payments as More People Start Using Them Worldwide
Opendoor is joining a trend where real estate companies around the world are starting to accept cryptocurrency as a payment option.
RAK Properties, a leading real estate company in the UAE, teamed up with the fintech company Hubpay in September 2025. They now allow people to buy properties using Bitcoin, Ethereum, and Tether. All payments will be changed into dirhams using official methods.
At the same time, the UAE plan will focus on younger investors who are familiar with digital technology. It will also support Ras Al Khaimah’s Vision 2030 strategy, which aims to diversify the economy and attract more foreign investment.
By the end of this year, more than 800 homes at Mina Al Arab, an important waterfront project in Ras Al Khaimah, will be ready.
Also, London’s high-end rental market is now accepting payments in cryptocurrencies. In March 2024, Knightsbridge Prime Property completed a rental deal for £45,000 a week using Bitcoin, thanks to a partnership with a crypto payment service called Bitcashier.
Recently, Caruso Properties, a company in California, has teamed up with Gemini Exchange to allow tenants to pay with Bitcoin. They have also set aside about 1% of their money to invest in Bitcoin.
Apart from real estate, luxury industries are also starting to accept cryptocurrency payments.
Emirates Airlines made an agreement with Crypto. com in July 2025 to let people use digital money for travel in Dubai. Meanwhile, the private jet company FXAIR started taking cryptocurrency because of high demand from young Bitcoin business owners.
Retail stores are quickly starting to use Bitcoin. Spar supermarkets plan to accept Bitcoin payments in all their Swiss locations starting in April 2025. This will make them the first big grocery store in Switzerland to use cryptocurrency at every checkout.
Luxury businesses saw more people using cryptocurrency to pay for items from the middle of 2023 to early 2024. High-end furniture stores and luxury watch sellers noticed an increase in Bitcoin and other digital coin payments.
Right now, Opendoor hasn’t said when it will start accepting cryptocurrency payments or which other cryptocurrencies, besides Bitcoin, they will take.
