Acceptance news
Aussie convenience store giant to accept crypto at 170 outlets
Convenience store and gas station giant On The Run (OTR) will soon accept crypto payments at its 170 outlets across South Australia and Victoria. The move will allow customers to pay for gas, snacks, and even a Subway foot long in over 30 cryptocurrencies. OTR’s parent company the Peregrine Corporation, one of the largest privately-owned companies in South Australia, will also be accepting crypto at its Subway, Oporto, and Smokemart stores. Once the system is finalized in July, it will become the largest business in the country to accept in-store crypto payments. The company is working with Singapore-based exchange Crypto.com …
Adoption / April 4, 2022
Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC
Bitcoin (BTC) jumped by almost $3,000 in minutes on Feb. 8 as reports emerged that Tesla had bought $1.5 billion worth of BTC. BTC price soars above $43,000 Data from Cointelegraph Markets and TradingView tracked BTC/USD as a sudden spike to over $41,000 appeared as news of Tesla's plans trickled in. A filing with United States regulator the Securities and Exchange Comission (SEC) shows that the company plans to buy $1.5 worth of Bitcoin. Related: Tesla expects to begin accepting Bitcoin for payment "In January 2021, we updated our investment policy to provide us with more flexibility to further diversify …
Bitcoin / Feb. 8, 2021
BTC billionaire Tim Draper to Elon Musk: I'd buy the Tesla Cybertruck with Bitcoin
Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company's CEO and world's richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey and Reddit co-founder Alexis Ohanian. Draper, who holds around 30,000 BTC according to reports, told Musk that he would like to pay for the Tesla cybertruck with BTC while promoting his Bitcoin payment processor portfolio company OpenNode. He said: “Hi Elon Musk, I would like to buy a Tesla cybertruck. Although I personally would rather keep my own #bitcoin, you can …
Adoption / Jan. 30, 2021
Diamond retailer Since 1910 “Converted” to Bitcoin cause, Accepting BTC payments
One of the most famous jewelry online retailers “Since1910” now accepts Bitcoin. Everything starting from engagement and wedding rings, to fine jewelry and watches is now available for digital currency here. Moreover Since1910.com store is one of the world's largest online marketplaces for designer engagement rings. “For over 100 years, Since1910.com has been trusted by our customers to offer unsurpassed value, innovative policies and incredible customer service. Our decision to begin accepting bitcoin was based on our customers request for this service.” Since1910.com belongs to the Gross family that has been running couture jewelry business for five generations now. Indeed, …
Bitcoin / June 23, 2014