The Phaserl


Bitpay Surpasses 10,000 Bitcoin Merchants, Up a Staggering 10x Year-over-Year

by Michael Krieger, Liberty Blitzkrieg:

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.

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