According to a report by The Wall Street Journal (WSJ), Scott Samuel “Scooter” Braun, who is best known for being the manager of Ariana Grande and Justin Bieber, has sold his Texas mansion. And he was paid in Bitcoin.

Braun is “an American media proprietor, record executive, and investor.” In addition to being a top talent manager, Braun is “the founder of Schoolboy Records and Ithaca Ventures, co-founder of TQ Ventures, Mythos Studios, and RBMG Records, and co-owner of esports team 100 Thieves.” In 2021, he was named Variety magazine’s “Music Mogul of the Year”.

WSJ was told by a source familiar with the mater that Braun had recently sold his lakefront home in Austin, Texas — which he had bought in 2020 — for around $18 million. The buyer is apparently Wayne Vaughan, Founder and CEO of “blockchain proof engine” Tierion.

The WSJ report went on to say that the 1.9-acre property is around 10 miles from downtown Austin and that the main residence has “six bedrooms, herringbone floors and views of the lake.” Also, there is “a guesthouse, pool and glass-walled cabana. A private dock with a covered boat slip has a second-story viewing deck.”

Last June, Forbes reported that “Miami Beach’s most expensive penthouse just sold in America’s largest-known cryptocurrency real estate deal.” It went on to say that on 27 May 2021, “$22.5 million of data heat, zeros, and ones quietly shifted across the financial landscape, transferring ownership of a shiny, new 5,067 square foot, full floor, four-bedroom penthouse in Miami Beach’s newest, uber-exclusive boutique condo building—Arte by Antonio Citterio—in the city’s tony Surfside neighborhood one floor down from Jared Kushner and Ivanka Trump.”

The Forbes report also mentioned that “the 9th floor Lower Penthouse at Arte was bought all cash paid for entirely in cryptocurrency, making it the most expensive known residential crypto real estate transaction in the U.S. to date.” The deal reportedly “took less ten days to close from start to finish, setting additional records on time across the finish line for both buyer and seller (the buyer remains anonymous as does the specific cryptocurrency used, all of which are under confidentiality agreements).”


The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.


Featured Image by “petre_barlea” via Pixabay