Bitcoin has been one of the most popular cryptocurrencies since its inception. From large enterprises to small businesses, there has been a marked interest to explore payment options using Bitcoins.
Around 20,000 brands/businesses worldwide accept Crypto payments. It is estimated that in some countries like the US, 36% of small and medium businesses accept cryptocurrency payments, apart from the heavyweights, some of whom are listed below.
In this article, we will discuss 5 large businesses that accept Bitcoin as a mode of payment for their services and products.
Many tech giants have started taking payments through Bitcoins for their specific products and/or services.
Microsoft: Microsoft started accepting Bitcoin in its online Xbox Store in 2014. Bill Gates also commented on Bitcoin many times by saying “Bitcoin is better than currency”.
ATT: The world's largest telecommunications company by revenue and the third largest provider of mobile telephone services in the U.S accepts payments for its services via Bitpay.
Namecheap: Namecheap is a pro internet freedom company that provides domain names and accepts Bitcoin. You can send Bitcoin and receive a Namecheap account.
Twitch: Twitch is one of the major streaming video platforms worldwide, focused on video games. Owned by Amazon, Twitch has had a on-off relationship with Crypto payments, however has been accepting Bitcoin and a host of other coins on its platforms since 2020 without interruption.
Many global shopping sites take Bitcoin as a method of payment.
Overstock: Overstock is one of the largest American retailers that accept Bitcoin and other cryptocurrencies. Not only does it accept Bitcoin but also holds it.
Rakuten: Japanese shopping site Rakuten let users select Bitcoin as a payment option in 2015. It has Rakuten Wallet, which offers a spot trading service and also supports altcoins like Bitcoin cash and Ethereum.
Etsy: Etsy is a global marketplace that allows buyers and sellers to connect through its platform. Etsy allows users to buy and sell products using a variety of payment methods, including crypto.
Food companies and restaurants started taking payments through Bitcoins for their specific products.
Pizza Hut: PizzaHut, one of the largest restaurant chains in the world, recently started accepting cryptocurrency as a method of payment. It announces its plans to accept Bitcoin, Bitcoin cash, and other crypto coins.
Starbucks: Starbucks has partnered with Future's exchange Bakkt for enabling Bitcoin payment methods. Now, you can make Bitcoin payments in Starbucks right now.
Whole Foods: Whole Foods is partnered with the Winklevoss Flexa spending app where you can buy all your whole food groceries using Bitcoin.
Many hardware enterprises and retailers have started to take Bitcoins as payments for their products.
NewEgg: Newegg is a popular company in the cryptocurrency community known for purchasing cryptocurrency mining hardware. They sell computer hardware and started accepting Bitcoin for their hardware.
Home Depot: Home Depot is the largest Hardware Store Chain in the United States that lets users purchase materials using Bitcoin. Home Depot has partnered with Flexa to accept Bitcoins as a method of payment.
Many sports franchises and Esports events have enabled payments through Bitcoins for their specific products.
NBA: Crypto enthusiast Mark Cuban's NBA team started accepting crypto payments. Mavs fans can buy tickets and merchandise using various popular cryptocurrencies, including Bitcoin, Bitcoin Cash, and others.
Computer Games: Largest video game distributor, Steam offers a variety of PC games, and started accepting Bitcoin as payments after partnering with Bitpay.
Tesla: Tesla purchased $1.5 billion of Bitcoin in February of 2021. It accepts Bitcoin for purchases of its electric vehicles until May 2021. Musk announced that when Bitcoin mining will be powered by more than 50% renewable energy, he will open up Bitcoin purchases again.
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