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Title: [2014-08-15] Bitcoin gives Overstock's bottom line a boost Post by: erono on August 15, 2014, 08:05:59 AM http://www.cnet.com/news/bitcoin-gives-overstocks-bottom-line-a-boost/
Bitcoin sales have hit $2 million dollars since the e-marketplace started accepting the digital currency for payments in January, Chief Executive Patrick Byrne said in an interview with Reuters published on Thursday. While that's less than one percent of Overstock's total sales, Byrne expects bitcoin usage to accelerate on the site to $1 million in sales per month by the end of the year. So far, sales from the digital currency have totaled $300,000 a month, reported Reuters. |