Overview

• CEO Kaz Nejatian replied on X, “We will. Just need to prioritize it,” confirming that crypto payments are on the roadmap.
• Opendoor shares rose about 14% on Monday to close at $9.28, with a notable pickup in retail-driven trading.
• The company disclosed no launch timing or supported assets, and any rollout would need to address tax and legal requirements.
• As an iBuyer, Opendoor can convert Bitcoin to U.S. dollars internally so sellers, escrow, and title receive fiat.
• Chairman Keith Rabois has indicated plans to reduce headcount by roughly 85% as part of the restructuring.