Major US Electronics Retailer Tiger Direct Processes 500 thousand dollars in Bitcoin Payments

Since the day Tiger Direct started accepting bitcoin payments for their products‚ bitcoin users took advantage of the opportunity and shop around using bitcoin that generated over $500‚000 of bitcoin payments.

As reported in Josic Media‚ “These totals were spent on over 2500 separate orders. According to Tiger Direct‚ $ 250‚000 of that was processed in the first 17 hours following their announcement. Overall‚ the company processes approximately $ 2 billion in purchases each year.”

This is a clear indication of growing consumers using bitcoins and it won’t be a surprise when other retailers will follow suit.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s