Opendoor (OPEN) Shares Surge 14% With Plans for Cryptocurrency Payments

Reported 1 day ago

Opendoor Technologies Inc. (NASDAQ:OPEN) saw its shares rise by 14.43% to $9.28 after CEO Kaz Nejatian indicated the company is considering accepting cryptocurrency for home purchases. This move is part of Opendoor's strategic initiatives aimed at company revival despite plans to reduce its workforce by 85%. Nejatian confirmed that the company would prioritize integrating cryptocurrency payments but did not provide specific details on the timeline or types of crypto that may be accepted.

Source: YAHOO

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