Dell Gets a Positive Bitcoin Response

Less than a month after it first began accepting bitcoin, Dell has received 85 BTC (over $50,000) for a PowerEdge server order. NewsBTC first reported the story after Dell CEO Michael Dell tweeted the following:”Recieved PowerEdge server order @ for more than 85 #bitcoin (~$50K USD) #Dellbitcoin”

It’s not known exactly who placed the order, but since Dell’s off-the-shelf Poweredge servers range from $299 into the thousands, someone likely now has a whole farm acquired with bitcoin. Dell became the largest public company to go private last year when original founder Michael Dell closed a $25bn deal to regain its leadership. According to the company’s last public filing, it earned $56.9bn in 2013, with the largest gain in revenue increase in its enterprise solutions and services business.

While Overstock’s bitcoin customers have bought mainly sheets, cell phone accessories and audio-visual equipment, the nature of Dell’s core business meant some serious hardware purchases were more likely.

News on Bitcoins

The Texas-based computer hardware giant also marked its digital currency debut with a 10% discount for anyone purchasing its gaming-oriented Alienware machines with bitcoin. The company accepts bitcoin payments for US customers on any item on its store site.

Dell’s CIO Paul Walsh hinted last month that Dell may pursue more extensive involvement in the bitcoin space, adding that accepting bitcoin was part of the company’s overall plan to align itself with technological innovation. He continued that he expected many other merchants to join in soon, indicating a growing legitimacy for bitcoin among companies in the mainstream economy. For now, Walsh said the company’s main goal for its bitcoin program will be to remove friction during the customer purchasing process and make it easier for its existing customer base to transact with Dell.

Bitcoin News Video

Watch this video for more “News on Bitcoin”.

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Bitcoin Financial News

Dell is by far the largest enterprise accepting bitcoin in the world at this point, with $57bn in annual revenue. The previous record holder was DISH Network, with roughly 25% of Dell’s income.

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