Major League Baseball teams have been gradually embracing digital currencies, and the Oakland Athletics have a very interesting proposition in this regard. From now until Opening Day, which will be on April 1 this year, fans can secure a suite at the Oakland A's Coliseum for exactly one Bitcoin. This is a season pass that gives holders the rights to enjoy live games with the greatest comfort and luxury; plus, they can invite five guests and order in-stadium catering.

As of late March, the Oakland A's suite deal is pretty sweet. The exchange price of Bitcoin at most cryptocurrency exchange platforms has been hovering around $57,000 after failing to forge a support level at $60,000. The value of a suite at the Oakland Coliseum is $64,000, so this would translate into major savings for the 10 purchasers who take advantage of the offer. What is even more interesting is what the team's management intends to do with the proceeds from the sale.

The Oakland A's will enter the Bitcoin investment segment that holds onto tokens no matter what. The size of this segment only represents a fraction of the digital currency market, which is overflowing with active traders and speculators for whom holding is an option they would never consider. The bulk of token trading activity revolves around the market's inherent volatility; traders jump in and out of positions several times a week, thus creating short rallies and dangerous pullbacks that have kept many institutional investors away from the cryptocurrency market.

In the National Basketball Association, the Dallas Mavericks have also embraced digital currencies, and there is some speculation that owner Mark Cuban might be holding onto BTC tokens. The Miami Heat recently sold the naming rights of its arena by the Biscayne Bay to TSX, a major cryptocurrency exchange. It is clear that professional sports and digital currencies are getting along just fine, and this partnership may convince Wall Street investors to jump into the cryptocurrency fray; nonetheless, some analysts are not convinced that an influx of institutional dollars will do away with the wild volatility.