SACRAMENTO KINGS BECOME FIRST PROFESSIONAL SPORTS TEAM TO ACCEPT VIRTUAL CURRENCY BITCOIN
SACRAMENTO, CA – Today, the Sacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purchases will be processed through BitPay – the world’s largest payment processor for virtual currencies. Since purchasing the Kings earlier this year, majority team owner Vivek Ranadivé has directed a business philosophy coined “NBA 3.0,” which focuses on investments in technology, globalization and deep community partnerships. The BitPay relationship marks another manifestation of the 3.0 philosophy in Sacramento.....
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A joyful news for you: Sacramento Kings has announced that they will start with accepting Bitcoin processed through BitPay. The following press release was sent to us by BitPay: SACRAMENTO, CA - January 16, 2014 - Today, the Sacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purchases will be processed through BitPay - the world's largest payment processor for virtual currencies. Since purchasing the Kings earlier this year, majority team owner Vivek Ranadivé has directed a business philosophy....
The Sacramento Kings became the first team in the NBA to accept Bitcoin in January of this year. In the first months since the announcement, the team only allowed season ticket holders to use Bitcoin for purchases at the arena, but last week the team announced their partnership with BitDazzle to launch KingsBitcoin.com. KingsBitcoin.com, powered by BitDazzle, is the first online marketplace to accept the virtual currency in the NBA. Launched April 3, the website allows customers to pay for game tickets, memorabilia and special fan experiences using Bitcoin. The co-branded online store....
In the first move of its kind in the professional sports world, the Sacremento Kings (an NBA team (National Basketball Association), will be accepting bitcoins in exchange for tickets and Kings merchandise, according to a number of reports. As mentioned, they're the first sports team of any to do this, so it's a milestone for the digital currency, without a doubt. The Kings have partnered up with digital currency payment processor BitPay to make this happen, and customers can visit the Kings' retail store in Sacramento, California right now to buy their wares. For those not in the area,....
The countdown to March 1 has begun for basketball fans everywhere. This is not March Madness in the usual sense, but instead is a huge day for Bitcoin. We are a few short weeks from witnessing an NBA first: the Sacramento Kings accepting Bitcoin. The announcement made just weeks ago will mark the first professional sports team to accept Bitcoin. Beginning March 1, the Sacramento Kings will accept Bitcoin for online ticket and merchandise payments, as well as in the arena itself. The plan to accept Bitcoin is in support of the organization's goal to create a new sporting experience. In a....
The Sacramento Kings NBA Franchise has officially launched a bitcoin-only marketplace on BitDazzle, a purchasing platform for online merchants that specializes in bitcoin. The news follows the announcement that the Kings would become the first US professional sports team to accept bitcoin this past January, when the team inked a deal with Georgia-based merchant processing specialist BitPay. The new website, KingsBitcoin.com, is a co-branded effort between the two organisations that will allow Kings fans to purchase gear, merchandise and tickets using bitcoin. In an official statement,....