Bitcoin Investor Realizes Record $51.5 Million Profit on Miami Mansion Sale

Georgian financier George Bachiashvili sold his waterfront luxury estate for $51.5 million, significantly exceeding his 2021 purchase price and setting a new benchmark for residential transactions in the area.

2 Sept, 22:11 — 2 Sept, 22:11

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Times of IndiaMostly Factual1d ago

Georgian Bitcoin financier sells Miami mansion for record $51.5m profit

Georgian Bitcoin financier George Bachiashvili has sold his Miami mansion for a record $51.5 million. He bought the unfinished property for $19 million in 2021, later transforming it into a luxury waterfront estate. Listed for $55 million in August, the mansion sold in just 11 days, as Bachiashvili’s whereabouts remain undisclosed amid his legal saga.

By TOI WORLD DESK

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Bitcoin Investor Realizes Record $51.5 Million Profit on Miami Mansion Sale

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Georgian Bitcoin financier sells Miami mansion for record $51.5m profit

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