TigerDirect processed over $500,000 worth of Bitcoin in 3 days

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TigerDirect has sold over $500,000 in Bitcoin purchases in less than 3 days.

Yesterday we posted on TigerDirect now accepting Bitcoin with Bitcoin payment processor BitPay. The gamble on accepting the cryptocurrency seems to have paid off and TigerDirect, with BitPay, has processed over half a million dollars in Bitcoin Transactions.

More impressive than closing in on $500,000 in less 72 hours is the how fast they reached the first half of that amount. TigerDirect reported over $250,000 was processed in the first 17 hours of accepting Bitcoin. The bulk of the first half of BTC transactions came after TigerDirect announced the news of them accepting Bitcoin. The majority of customers came from various media and social outlets where the news was published, creating a large amount of traffic, naturally leading to more sales.

TigerDirect joins companies like Overstock.com that transacted over $130,000 in Bitcoin transactions in its the first day. Adult website Porn.com, with BitPay, announced Bitcoin transactions are now %25 of its total incoming payments.  Zynga is testing the waters right now and is currently piloting BTC payments, also with BitPay, on a select number of their social games.

With large success coming from multiple firms lately, we are seeing more companies looking into accepting Bitcoin. On the other hand, some firms do not seem keen on the idea digital-currencies

 

Image courtesy of Flicker
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