The bitcoin merchant processor Bitpay has teamed up with the largest business so far to accept bitcoin, worth over $27B:
We’re excited to announce that DISH will accept bitcoin and has chosen Coinbase as their bitcoin payment processor.
DISH today announced they are the largest company and first subscription model pay-TV provider to accept bitcoin, marking a large step forward in the growing momentum of customers paying companies in bitcoin for things we do every day, like watching premium TV.
We are glad to be working with the DISH team, to serve their current and new subscribers with Coinbase as their easy to use bitcoin transaction platform.
DISH Network Corp. (NASDAQ: DISH) also owns a ‘small’ company called Blockbuster. As we can already see, renting and purchasing media over the internet is a perfect match for the bitcoin technology.