Bitpay is the premier Bitcoin payment processing company and they have experienced staggering growth over the past year. This morning the company issued a press release announcing the fact it had signed up its 10,000th merchant, an increase of 10x from the number about a year ago when the company first crossed the 1,000 threshold. I highlighted the incredible growth of Bitpay back in March of this year, when it first hit 4,000 merchants and was adding 1,000 a month, a run rate that has incredibly enough continued.
I also had the pleasure of hearing Bitpay CEO, Anthony Gallippi, speak at the Inside Bitcoins Conference a little over a month ago in NYC. To read my summary of this excellent conference click here. Bitcoin has excited me so much in 2013 that I created my own t-shirts, available only for bitcoin payments through my website. So if you have a few BTC burning a hole in your pocket, you can get one by clicking on the image below. It’s an excellent conversation starter.
Now here are some highlights from Bitpay’s press release:
ATLANTA — September 16, 2013 — BitPay Inc, the world leader in business solutions for virtual currencies, announces it has over 10,000 approved merchants in 164 countries using its service to accept bitcoin payments. This milestone was reached almost exactly one year after the company approved its 1,000th merchant.
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