Two bars for bitcoins: owner in New York's Hell's Kitchen selling out for cryptocurrency
By Aleksandra Michalska
NEW YORK (Reuters) - Patrick Hughes has put his two side-by-side bars in New York's Hell's Kitchen, Hellcat Annie's and Scruffy Duffy's, up for sale - for 25 bitcoins or 800 Ethereum tokens, now worth up to $1.12 million.
He listed the bars in the western Manhattan neighborhood - which like other eating and drinking establishments have been hit hard by the COVID-19 pandemic - for sale in early January.
"This would be a good time for somebody young, fresh blood to get in here and go for it, like I did when I was 26 years old and opened my first place," Hughes said in an interview. "Now I'm 56, and maybe it's time for somebody else, because I am tired."
A niche investment only ...
Read More on Datafloq
NEW YORK (Reuters) - Patrick Hughes has put his two side-by-side bars in New York's Hell's Kitchen, Hellcat Annie's and Scruffy Duffy's, up for sale - for 25 bitcoins or 800 Ethereum tokens, now worth up to $1.12 million.
He listed the bars in the western Manhattan neighborhood - which like other eating and drinking establishments have been hit hard by the COVID-19 pandemic - for sale in early January.
"This would be a good time for somebody young, fresh blood to get in here and go for it, like I did when I was 26 years old and opened my first place," Hughes said in an interview. "Now I'm 56, and maybe it's time for somebody else, because I am tired."
A niche investment only ...
Read More on Datafloq
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