From Booze to Bitcoin: New York Bar Owner Set to Sell Businesses for Cryptocurrency

From Booze to Bitcoin: New York Bar Owner Set to Sell Businesses for Cryptocurrency


In what could be the first-ever crypto restaurant sale in the US, New York City bar owner Patrick Hughes is offering to sell two popular restaurants in the Hell’s Kitchen neighborhood for Bitcoin or Ethereum.

According to a report from the New York Post, the crypto-enthusiast restaurateur put Hellcat Annie’s and Scruffy Duffy’s, located along 10th Avenue in New York City, up for sale with an asking price of 25 BTC or 800 ETH tokens for both properties.

Crypto is on fire, Hughes told the New York Post, adding that he has put up a sign in front of the bar.

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“I’m hoping to catch one of these crypto dudes who always wanted to own a bar.”

The 56-year old Queens native says that he has had to make hard decisions to scale down business following the shutdowns caused by the pandemic. Pre-outbreak, the two restaurants employed 50 people, which has now been cut by 90%. Hughes had

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