Overstock.com Surpasses $1 Million in Bitcoin Sales

While Bitcoin has not enjoyed much good press of late, it remains hit at Overstock.com: The site just announced it has done $1 million in sales with the crypto currency.

The site began accepting the cyber cash in January. 

Of the 4,300 customers who have made purchases with Bitcoin, the company estimates that 60 percent of them are new. 

“We did not expect to hit this milestone so quickly,” said Overstock.com chairman and CEO Patrick M. Byrne in a statement. “Bitcoin customers are good customers, and we’re pleased to provide them this service.” 

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JCK News Director

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