Greenline Yachts has become a pioneer in the yachting industry by accepting a full payment in Bitcoin for the first time. The purchase of a Greenline 45 Coupe was finalized at boot Düsseldorf 2025, with the payment received in early February. The transaction was a success, confirming the brand’s openness to innovative and digital payment solutions.
Greenline Yachts and the digital payment revolution
“We have been allowing customers to pay in Bitcoin since 2018, but this is the first one to take us up on it – said Vladimir Zinchenko, Greenline Yachts owner – 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, introduced by Yacht Partners International in Greece, quickly moved into the contractual phase for the purchase of the Greenline 45 Coupe. By signing the contract in Düsseldorf, he was able to take advantage of an exclusive boat show offer, securing a priority production slot with delivery scheduled for the summer of the same year. The new owner is therefore expected to take delivery of the yacht as early as June, just in time for a long cruising season in the Mediterranean.
Greenline Yachts and BitPay: a smooth and secure transaction
Although the buyer’s funds were held in Bitcoin, the payment was credited to Greenline Yachts’ client account in euros. The transaction was made possible by BitPay, a U.S.-based company specializing in cryptocurrency payments, with a regulated presence in Europe as well. This allowed the process to be completed without any hurdles.
Merrick Theobald, Vice President of Marketing at BitPay, said: “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”.
Innovation between sustainability and luxury
Interestingly, the buyer had purchased his Bitcoin when it was worth around $0.03 per coin, watching it grow to over $100,000. Riding the wave of this incredible increase in value, he decided to invest in a new lifestyle by purchasing the Greenline 45 Coupe.
He chose the Coupe version of this best-selling yacht for its extensive solar panel coverage. With a maximum output of 2,200 W, the system can generate up to 13.2 kWh on a sunny day in Greece, where the yacht will be moored. This setup allows the owner to remain at anchor for over four days without needing to run the generator, ensuring a quiet and zero-emission cruising experience. The yacht will also feature an elegant office space in place of the standard third cabin. Located on the starboard side of the hull, between the two spacious double cabins for the owner and guests, it will be powered by the solar panels to provide high-speed internet and reliable IT support—allowing the owner to stay off-grid for longer periods without needing to return to port.
Greenline Yachts and the future of yachting
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”.
