Opendoor Plans Accept Bitcoin Home Purchases Amid Crypto Surge

Opendoor, a $6 billion real estate fintech company, has indicated plans to accept Bitcoin and potentially other cryptocurrencies for home purchases. CEO Kaz Nejatian confirmed on social media that the company "will" enable Bitcoin payments but needs to prioritize the implementation timeline, which remains unspecified. This move aligns with a broader trend of businesses integrating cryptocurrencies amid rising Bitcoin prices and a crypto-friendly stance from the Trump administration. Opendoor's stock has surged dramatically, gaining over 1,300% since early July 2025, driven largely by retail investor interest and social media activity. The company, which recently underwent leadership changes with Nejatian as CEO and co-founders Keith Rabois and Eric Wu returning to leadership roles, could allow Bitcoin payments in various aspects of its operations, including full or partial home payments and possibly closing costs. However, critics highlight that Bitcoin integration may add complexity to Opendoor's existing challenges related to its high valuation and unscalable home-flipping business model.