Topic: TigerDirect Exceeds $1 Million in Sales Paid For in Bitcoin (Read 562 times)
This is awesome news for Bitcoin in the retail space. Hopefully others will see the success and adopt as well.
Nice.... and fck Newegg.....
Way to go TigerDirect!
http://newsbtc.com/2014/03/14/tigerdirect-exceeds-1-million-sales-paid-bitcoin/
In late January, electronics retailer TigerDirect began accepting bitcoin payments, becoming the second large-scale retailer to do so following Overstock.com.
A day later, we learned that the store had reeled in a whopping $250,000 worth of sales paid for in the digital currency, breaking that which Overstock brought in.
Today, bitcoin news website CoinDesk is reporting that the online retailer has broke the $1 million mark as of the 13th of March — nearly 50 days after first beginning to accept it. The report from CoinDesk does not specifically list a source, but lists the disclaimer that the site’s founder is a BitPay investor — the company accepting payments on TigerDirect’s behalf (a possible avenue from which the news originated).
On the 4th of March, Overstock.com announced they passed the $1 million marker, and continues to bring in $20,000-$30,000 worth of bitcoin payments per day.
TigerDirect is reportedly content with the decision to accept bitcoin, with the director of marketing Steven Leeds noting that “The overwhelming response from our customers validates our decision.”
In late January, electronics retailer TigerDirect began accepting bitcoin payments, becoming the second large-scale retailer to do so following Overstock.com.
A day later, we learned that the store had reeled in a whopping $250,000 worth of sales paid for in the digital currency, breaking that which Overstock brought in.
Today, bitcoin news website CoinDesk is reporting that the online retailer has broke the $1 million mark as of the 13th of March — nearly 50 days after first beginning to accept it. The report from CoinDesk does not specifically list a source, but lists the disclaimer that the site’s founder is a BitPay investor — the company accepting payments on TigerDirect’s behalf (a possible avenue from which the news originated).
On the 4th of March, Overstock.com announced they passed the $1 million marker, and continues to bring in $20,000-$30,000 worth of bitcoin payments per day.
TigerDirect is reportedly content with the decision to accept bitcoin, with the director of marketing Steven Leeds noting that “The overwhelming response from our customers validates our decision.”
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