Online Retail Giant Newegg Now Accepts Bitcoin

Online Retail Giant Newegg Now Accepts Bitcoin

Popular online computer hardware and software retail giant Newegg has announced it is now accepting bitcoin as a payment option - a move that had been widely anticipated by its customers. The Los Angeles-based company, which recorded $2.8bn in annual revenue in 2013, made the announcement today, saying it will use BitPay as the payment processor to convert bitcoin sales into US dollars. In a statement, the company's Chief Marketing Officer Soren Mills proclaimed that Newegg and bitcoin are a fit - primarily because of its customers' early adopter mentality: "Newegg's customers are among....


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