GREENLINE YACHTS PIONEERS BITCOIN PAYMENT IN THE SALE OF A NEW GREENLINE 45 COUPE
Greenline Yachts has become a cryptocurrency pioneer in the marine space, after taking its first order paid entirely in the digital currency Bitcoin. The deal for a Greenline 45 Coupe was inked at boot Düsseldorf 2025, with the funds received in early February. It was an entirely positive experience, according to Greenline Yachts.
“We have been allowing customers to pay in Bitcoin since 2018, but this is the first one to take us up on it,” said Greenline owner Vladimir Zinchenko. “We have got close a couple of times, but never cleared the final hurdle. This time it was different, and the transaction proceeded very smoothly. We would welcome future payments in cryptocurrency.”
The buyer was introduced by Yacht Partners International in Greece, and he quickly reached the contract stage for the 45 Coupe. Signing at Düsseldorf allowed him to benefit from Greenline’s usual boat show offer, providing an express build slot for summer delivery the same year. It means that the lucky owner should get his hands on the yacht in June – plenty of time for enjoying a Mediterranean summer.
Although the buyer’s funds were held in Bitcoin, they arrived in Greenline’s client account in Euros. The transaction was enabled by BitPay – a US based company that provides mobile checkout services to businesses looking to accept cryptocurrency. BitPay has a European regulatory presence, which made the process of accepting the money completely barrier-free. “At BitPay, we believe in the transformative power of cryptocurrency to revolutionize industries across the globe. This milestone transaction with Greenline Yachts is a perfect example of how Bitcoin is reshaping the luxury goods market. By embracing crypto payments, Greenline is not just enhancing the buying experience for their customers but also embracing the future of finance. As more businesses and consumers see the value of digital currency, it’s clear that cryptocurrency is here to stay — especially for high-value purchases like a luxury yacht.”- Merrick Theobald, Vice President of Marketing, BitPay.
Intriguingly, the buyer originally bought the Bitcoin when its value stood around $0.03 per coin, and has seen this soar to recent highs of more than $100,000. On the back of this three-million-fold growth, he has decided to set some new living quality standards – including buying the Greenline 45 Coupe.
He has selected the Coupe version of this best-selling yacht because it devotes much of the hard top to solar panels. With a maximum power rating of 2,200W, the array can generate up to 13.2kWh on a sunny day in Greece, where this new boat will be kept. It enables her to spend more than four days at anchor without having to fire up a generator, delivering a silent, emissions-free yachting experience.
This new boat will also feature an elegant office space instead of the standard third cabin. It occupies a space on the starboard side of the hull, between the two exceptional double cabins for the owner and their guests. The solar panels will help to power high-speed internet and IT in this space, enabling the owner to stay away from port for longer.
Vladimir Zinchenko added: “We’ve always looked to the future at Greenline Yachts – as much for the boats themselves as for the experience of buying and owning them. We were quick to recognise the promise of hybrid electric propulsion, large-scale solar generation and remote boat monitoring. Today, that principle has come full circle with an entirely digital transaction in Bitcoin.”
