Overstock.com is proving to the world of retail that accepting bitcoin can be a lucrative decision. On January 9th, the company rolled out its bitcoin integration (in partnership with Coinbase) some six months ahead of plan.
It wasn’t long before the world receive the first sales figures. In a matter of hours, over $10,000-worth of merchandise was sold in exchange for the digital currency. A day later, it was reported that about $130,000 in bitcoin sales had been made.
Here we are, closing in on the end of January, and we haven’t heard much. Until now. Forbes‘ Erika Morphy provides some updated figures.
For starters, since January 9th, Overstock.com has sold a whopping $500,000-worth of products in bitcoin. It’s certainly more than the lot of us expected, but the top items sold for bitcoin may surprise you even more.
Morphy’s compiled list of most popular items sold for bitcoin since January 9th is topped off with “sheets”. Yes, sheets. Cell phone accessories and audio/video peripherals came in second and third, respectively.
Other items with popularity include rugs, bedroom furniture, and computer equipment.
Overstock.com seemingly continues full steam ahead as the first major retailer to embrace bitcoin — will the others soon follow suit?
