One of California's largest real estate companies has announced that it will accept payments in Bitcoin.

Caruso CEO Rick Caruso also said he spent investing in the largest cryptocurrency on the planet, but did not say how much he invested.

Caruso's investment option will be long term, as a store of value.

In fact, Caruso stopped investing part of the money that would go to the capital market and invested in Bitcoin.

The statements were made in an interview with the CNBC network on April 8.

Caruso believes that the cryptocurrency has extensive features and that he believes this is here to stay.

The real estate company made the purchase through the exchange Gemini, which will also take custody of Caruso's assets.