Morgan Creek Digital co-founder sells car for Bitcoin. Jason Williams, a co-founder of Morgan Creek Digital, a dedicated digital asset investment business run by Morgan Creek Capital, sold his car for Bitcoin.
Williams took to Twitter to announce that he sold his 2007 Chevrolet Suburban for 0.4 BTC, worth around $7,400 at publishing time. According to car shopper website Edmunds.com, a used 2007 Suburban costs around $7,000, while the new 2021 model costs over $50,000, according to Chevrolet’s official website.
If the Bitcoin price breaks $130,000, as some have predicted, there’s an opportunity that Williams will have sold his 13-year-old car for as much money as a brand new model.
[image: Dmitry Demidko]