In an Instagram post on 11th May, Montreal mega-club Beachclub’s owner Mr. Olivier Primeau announced that they will start accepting bitcoin and ethereum, the two largest cryptocurrencies in the world by market capitalization.
Beachclub will officially be the first club in Canada to accept Bitcoin and Ethereum as a method of payment.
Primeau told MTL Blog that the new payment option would become available sometime next year, with Beachclub currently working out the logistics of the offering.
Montreal Beachclub is the largest outdoor club in North America with a capacity of 10,000 people. It is known as the place where billionaire businesswoman and reality star Kylie Jenner celebrated her 18th birthday. The list of other high-profile people who have visited the summer-season club includes Justin Bieber, Dan Bilzerian, and Tiesto.
Beachclub might be the first club to start accepting crypto in Canada, but several North American clubs have already moved in such a direction.
Last month, Miami’s luxury night club, E11even, announced that it would add Bitcoin (BTC), Dogecoin (DOGE), XRP, and Bitcoin Cash (BCH) to its payment options to pay for tables, drinks, and merch.