Global merchants accepting Bitcoin grew by 174% in 2023, reports BTC Map
Global merchant listings for Bitcoin payments nearly tripled in 2023, as reported by Bitcoin merchant mapping provider BTC Map. The latest data from BTC Map show an increase in Bitcoin- accept ing venues, with numbers climbing from 2,207 at the year’s start to 6,126 by the end of 2023, covering restaurants, bars, shops, and other services. Shadowy Suppertaggers ftw. https://t.co/TO0prl431n — BTC Map (@btcmap) January 7, 2024 This marked a minor drop from the September high of 6,590 merchants . BTC Map, leveraging open-source mapping data from OpenStreetMap, enables businesses and users to tag locations accept ing Bitcoin payments. This rise in merchant numbers could partly be attributed to users more actively adding businesses to the database. You might also like: Bitcoin’s brief sub-$41k plunge triggered ‘buy the dip’ social sentiment The expansion of Bitcoin vendors is a global phenomenon, with a notable concentration in Europe, the United States, and ...