Bitcoin rarely enters the day-to-day financial processes of those who aren’t deep into the crytpo world. As a result, many will be surprised to learn just how many businesses accept bitcoin payments. Using coinmap.org, we’ve compiled a master list of all of the US businesses that accept bitcoin, sorted by state (you can jump to our master list on the sidebar).
We’ve also pulled together other pertinent bitcoin statistics to help provide context for this massive list of vendors. Here are 8 statistics about bitcoin you should know:
Before you dive into our master list of US businesses that accept bitcoin, take a look at these overarching statistics to get an idea of the bitcoin landscape:
15,174 businesses worldwide accept bitcoin. According to coinmap.org, there are currently just over 15,000 businesses that accept bitcoin or that offer bitcoin ATMs around the world. [1]
Around 2,300 US businesses accept bitcoin. After compiling our list of all of the businesses that accept bitcoin payments in the US, we found that 2,352 US businesses accept bitcoin. Be sure to note: This number doesn’t include bitcoin ATMs, which are also available in large numbers through the US. [1]
California has 440 businesses that accept bitcoin—the most of any US state. It’s no surprise that California has the most businesses that accept bitcoin payments. However, it’s pretty surprising how many more businesses in California accept bitcoin than in any other state. For reference, second place goes to New York, with just 148 businesses that accept bitcoin. [1]
South Dakota only has one business that accepts bitcoin—the least of any US state. On the other end of the spectrum, South Dakota is home to only one business that accepts bitcoin payments, putting it in last place of all 50 states plus D.C. and Puerto Rico. [1]
328,370 bitcoin transactions go through every day. Whether or not businesses are accepting bitcoin, consumers are certainly using it. Yesterday, a total of 328,370 bitcoin transactions went through. [2]
And an average of 13,682 bitcoin transactions go through per hour. To put it another way, a whopping 13,682 went through on average per hour yesterday. [2]
There are 5,041 bitcoin ATMs around the world. Consumers don’t have to rely on businesses that accept bitcoin, either. Bitcoin ATMs around the world allow users to convert bitcoin to cash and vice versa, and there are currently 5,041 of them. [3]
Around 13 major national companies accept bitcoin payments. Though small businesses around the country take bitcoin payments, very few national corporations do. That said, a few have taken the leap, like Overstock.com and Microsoft. [4]
As those eight statistics revealed, bitcoin is more mainstream than you may think. Every state has a least one business that accepts bitcoin—although the majority of states have anywhere from 10 to 50 businesses that accept this cryptocurrency.
We put together a master list of every business that accepts bitcoin in the U.S., categorized from the highest number of bitcoin-accepting businesses to the least. California leads our list since it’s home to a whopping 440 businesses that accept bitcoin, with Florida trailing in a distant second place with its 180 businesses. Keep reading to see how each state ranks in order, or find your state to see which of your local businesses accept bitcoin payments:
It’s easy to assume that you can only buy computer repairs or software with bitcoin. But this master list of all the US businesses that accept bitcoin proves otherwise. Whether you want to buy alpaca socks in Massachusetts, spring for hypnosis in California, or donate to a church in Kentucky, you can make all of these eclectic transactions with bitcoin.
References:
Read more helpful business-related statistics:
Maddie Shepherd is a former Fundera senior staff writer and current contributing writer for Fundera.
Maddie has an extensive knowledge of business credit cards, accounting tools, and merchant services, but specializes in small business financing advice. She has reviewed and analyzed dozens of financial tools and providers, helping business owners make better financial decisions.