Denison Expands Cryptocurrency Use Following First Bitcoin Yacht

Denison Expands Cryptocurrency Use Following First Bitcoin Yacht Deal

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SOURCE Denison Yacht Sales

FORT LAUDERDALE, Fla., Dec. 22, 2017 /PRNewswire/ -- Denison Yachting has announced that it will accept Bitcoin as payment for new yachts, following the completion of its first ever sale of a yacht involving Bitcoin.

Denison, which was at the forefront of the yachting industry when it announced in 2014 that it will accept Bitcoin from customers and convert it for purchases of its brokerage yachts, will also begin taking Bitcoin directly as payment for its in-stock inventory, which includes a variety of new Beneteau, Dufour and Fountaine Pajot yachts.

Denison Broker Wiley Sharp, who is based in Denison's St. Thomas office, brokered the deal last week for a 48' Leopard sailing catamaran in the Virgin Islands. The buyer used Coinbase to convert his bitcoins to the dollars he used to purchase the yacht.

"Bitcoin is not just a 'millennial' fad," said Bob Denison. "There are Bitcoin users of all ages, across all continents buying and selling luxury goods, including cars and villas. There's absolutely no reason why a seller should be wary of accepting Bitcoin."

To learn more about purchasing a new yacht with Bitcoin, contact New Yachts Manager Nick Stamoulis at 954.763.3971 or Nick@DenisonYachtSales.com.

About Denison Yachting: Denison Yachting has long been a leader in the yachting industry with a rich family history dating back to 1948 with the start of Broward Marine in Fort Lauderdale, Florida. Today, the company provides complete yachting services worldwide, from sales and charter to crew placement and new construction. Denison has 24 waterfront offices from coast to coast around the U.S. and in the Caribbean.

Like Denison Yacht Sales on Facebook at Facebook.com/DenisonYachtSales and follow on Twitter at @DenisonYachts and Instagram at @DenisonYachting.

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