It has been less than two months since e-commerce giant Overstock.com began accepting bitcoin payments on their website, and the online retailer has already surpassed $1m in total sales.
Overstock’s CEO Patrick Byrne confirmed the company’s plans to embrace bitcoin back in December, and bitcoin payment processing officially went live on Overstock.com on 9th January.
Byrne spoke with CoinDesk about its $1m milestone, asserting that while the initial surge of bitcoin sales did subside, there has since been steady growth in bitcoin payments:
March 04, 2014 at 11:27PM
