Opendoor’s CEO confirms the company plans to let buyers use Bitcoin and other crypto to buy homes. Read the breaking market reaction, how transactions could work, and what U.S. homebuyers and investors are watching next.

Opendoor Breaks Ground: Homebuyers Can Now Use Bitcoin to Seal Real Estate Deals

CEO confirms crypto will be on the roadmap

Opendoor’s new chief executive, Kaz Nejatian, told users on X that the company will enable Bitcoin and other cryptocurrency payments for home purchases , “We will. Just need to prioritize it,” he wrote. The comment turned a user question into an official roadmap item and sent the company’s shares higher during trading hours. This move makes Opendoor one of the biggest U.S. real-estate platforms to put crypto payments on the public agenda.

Market reaction and stock move

News of Opendoor’s bitcoin home purchase plans sparked a strong market reaction. Retail and crypto investors pushed Opendoor shares up sharply as traders priced in the potential for wider adoption of crypto payments in property sales. The surge reflected not only excitement about “buy house with bitcoin” headlines but also bets that the company’s online iBuying model could more easily convert crypto into dollars at scale for property closings.

How Opendoor might process a crypto home sale

Opendoor’s platform buys and resells homes directly, which gives the company control over transaction steps that would be complex for typical seller-buyer deals. In practice, Opendoor would likely accept Bitcoin from a buyer and immediately convert the amount to U.S. dollars for settlement, or use a trusted custodian to manage crypto transfer and conversion. That approach keeps title work, mortgage payoffs and escrow processes in familiar dollars while letting buyers use digital currency at the front end.

For early coverage and market context, see the reporting on the CEO’s confirmation and the market response. (https://finance.yahoo.com/news/why-opendoor-open-stock-soaring-200649702.html)

What this means for buyers, lenders and closing timelines

The company’s plan is a news event for prospective crypto-holding buyers who thought paying with digital assets was impractical. Lenders and title companies will still need to process conventional clearance and payoff steps, so timelines may not shrink immediately. Expect the first transactions to be pilot deals where Opendoor manages conversion, custody and compliance internally before opening the option widely.

Regulatory and tax questions to watch

Accepting crypto for property purchases raises tax reporting and anti-money-laundering checks. The IRS treats crypto as property for tax purposes, which can create taxable events when holders sell or transfer Bitcoin to cover a purchase. Title companies and escrow agents will likely require clear audit trails and possibly additional identity checks before settlement. These compliance steps will shape how quickly Opendoor rolls out full support for crypto home buying.

Broader signal for the U.S. housing and crypto markets

Opendoor’s public move is also a market signal: major online real-estate platforms are exploring ways to integrate digital payments. If successful, it could nudge other players to test similar options and broaden the “buy home with crypto” conversation in the United States. At the same time, volatility in crypto markets means companies will prefer conversion and custody solutions that reduce price risk during a multi-day closing process.

What to watch next (short checklist)

• Official Opendoor rollout updates and pilot program details.
• Partnerships with crypto custodians, exchanges or payment processors.
• Title and escrow guidance clarifying how crypto will be accepted at closing.
• Any shifts in Opendoor’s buy/sell pipeline tied to the new payment option.

Closing note — the news angle in one line

Opendoor’s CEO confirmation that Bitcoin payments are on the company roadmap is breaking business news. It marks a new chapter in how digital assets can interact with mainstream property transactions and it puts practical questions about conversion, compliance and closing procedures squarely in the spotlight.