Overstock earns $126,000 in Bitcoins within 24 hours of accepting it

In its first 22 hours accepting the digital currency, Overstock tells us, it accepted 800 orders in bitcoin, and they were worth a total of about $126,000. The company nabbed $5,000 in bitcoin orders in the first 30 minutes alone, and about $10,000 in the first two hours.

Lest anyone get too swayed by the idea that Bitcoin is stagnant, something most users purchased as an investment and never meant to spend, Overstock.com started accepting the virtual currency as payment Thursday. In the 24 hours since that announcement, it’s made a killing. The site, the first major retailer to accept the cryptocurrency, has already seen 800 purchases with it. That’s a whopping $126,000 in revenue, a company representative told the Daily Dot.