Bitcoin has been a media sensation since its inception in 2009. The decentralised, digital currency has grown exponentially in popularity and can be used to purchase everything from pizza to gadgets. There are plenty of companies that have decided the benefits of accepting bitcoin as payment outweigh the costs associated with transaction fees and fluctuations in value.
In this article, we will go over some notable companies that accept bitcoin as a form of payment. We'll start by listing out some categories for which you can expect to buy goods or services with your bitcoins, followed by major companies within each category. Finally, we'll summarise all other smaller companies that also accept bitcoins.
While car dealers & manufacturers have been slow to adopt cryptocurrency as a payment method, both BMW & Tesla have been dipping their toes in the water to test accepting Bitcoin.
While it's not a company-wide protocol for BMW to accept Bitcoin for their luxury vehicles, select BMW dealerships throughout the United States & the UK have begun to take Bitcoin for vehicle purchases.
Tesla created a lot of buzz in early 2021 when they announced that Bitcoin would be accepted as a payment method when ordering a Tesla through the company's website. This coincided with Tesla's $1.5B Bitcoin investment earlier that year and created a massive surge in Bitcoin's value. However, shortly after, Tesla halted their acceptance of the cryptocurrency pending the coin's increased adoption of renewable energy sources for mining.
There is only 1 major carrier that is currently accepting Bitcoin as payment for their cell phone services. Most other major providers can utilise Bitcoin via gift card purchase through 3rd-party vendors.
By working with BitPay, AT&T is the first major U.S. mobile carrier to accept bitcoin payments from its customers.
Educational companies & institutions are among the slower adopters of Bitcoin as a payment method, but that doesn't stop them from accepting the cryptocurrency as a generous donation.
The New York City school announced way back in 2014 that it would accept bitcoin payments, making it one of the first accredited colleges to do so. King's College will allow the use of this digital currency for tuition fees and other expenses.
Many major entertainment companies are already accepting or are working on ways to accept bitcoin payments. Netflix, for example, does not accept the cryptocurrency as a direct payment method but is working on an advisory role to studios and distributors of their platform to help them adopt bitcoin.
AMC Theatres, the largest movie theatre chain in America, has started accepting cryptocurrency for digital gift cards. The CEO said that the chain would begin accepting bitcoin directly as payment for tickets and concessions by the end of 2021.
Restaurants are among the biggest list of companies that accept Bitcoin, although the majority require the purchase of a gift card through a 3rd-party vendor that accepts Bitcoin.
Right in line with restaurants, retail stores (both online & physical) have an extensive list of companies that take Bitcoin. Many have direct platform integrations allowing you to checkout directly with your cryptocurrency, but most allow purchasing using gift cards acquired through 3rd-party vendors.
In addition to Bitcoin & Dogecoin, Newegg is one of the few retail stores that is also accepting Litecoin through their native BitPay integration during checkout.
Shopify is the largest eCommerce platform provider for over a million merchants in 175 different countries. Any of these merchants can accept Bitcoin & other cryptocurrencies using Shopify’s native Bitpay integration.
Microsoft became an early adopter of Bitcoin in 2014 when they began to accept the cryptocurrency for payment on their platforms. They were one company that saw how useful it could be and also recognized its potential as a long-term threat to PayPal's dominance over digital payments, which is why many others followed suit soon after!
Namecheap, the world’s second-largest domain registrar and leading provider of digital products empowering people on the Internet made a major move in accepting Bitcoin payments in 2020.
Sports teams and their billionaire owners have been heavy activists in the sports world. With Mark Cuban touting his support for various cryptocurrencies and major UFC promotional partnerships, this industry is one of the first where a large number of professional sports organizations have already started to accept Bitcoin as a form of payment for tickets, merchandise, and other forms of payments.
The Litecoin Foundation, in partnership with the Miami Dolphins, announced in 2019 that they would begin accepting both Bitcoin and LTC for payments beginning in the 2019/2020 NFL season.
The Mavericks have always been ahead of the curve. They were one of the first teams in NBA history to accept Bitcoin as payment for merchandise and game tickets earlier this year, they're now accepting dogecoin too!
S.L Benfica, the European soccer team has announced a partnership with UTRUST and now accepts cryptocurrency payments for their jersey drops!
Since the dawn of Bitcoin, holders of the coin have been looking for ways to spend their holdings on more than just pizza & clothing. Now, you can purchase that round-trip ticket to Fiji or book that honeymoon you've always wanted with businesses that accept Bitcoin.
Norwegian Air, Norway's largest low-cost carrier, will be accepting Bitcoin for ticket purchases. The company also plans on creating its own cryptocurrency exchange in order to accommodate the demand for digital currency payments from customers who want access or exposure to this exciting new market!
Sir Richard Branson, the founder of Virgin Group, has long been interested in Bitcoin. He introduced Virgin Galactic to the world of digital assets, allowing customers to use their bitcoins to purchase flights into outer space. His plans for a blockchain-based business-to-business global trading platform are another reason why he is one of the biggest proponents of cryptocurrency!
If we are missing a company that accepts Bitcoin or you have a business that accepts Bitcoin and would like to be added to this list, please contact us at email@example.com.
As the cryptocurrency that started it all, Bitcoin has become a global phenomenon. Companies from around the world have adopted bitcoin as a form of payment because they want to offer an alternative option to their customers. Whether you’re looking for pizza delivery or luxury cars, there are plenty of opportunities out there if you know where to look! Bitcoin Depot makes it easy to purchase Bitcoin instantly with cash at over 7,000 crypto ATMs across the United States & Canada.