A Pro Sports Team Now Accepts Bitcoin

If you're looking to buy Sacramento Kings tickets or apparel online, you'll soon have a new payment option: Bitcoin

The NBA franchise announced on Thursday that it now accepts Bitcoin for purchases made at its brick-and-mortar team store and will introduce the same policy for online ticket and merchandise sales by March 1

While major businesses including Overstock and The Chicago Sun-Times have embraced the popular crypto-currency of late, the Kings appear to be the first major pro sports team to do so

The Kings were purchased last May by basketball fan and longtime tech executive Vivek Ranadivé, so the franchise becoming the sports world's first team to hop on the Bitcoin bandwagon makes sense Read more...