BMW's Bitcoin profile

First mentioned: 7/5/2018

Last mentioned: 7/5/2018

Total mentions: 1

Most mentions: 2018

The Stephen James Group was founded in 1973 as a used car dealership. In 1985, it transitioned into an authorized BMW and MINI automotive retailer, primarily located in Enfield, North London. The group experienced expansion in 2006 through the acquisition of three additional dealerships.


BMW on Bitcoin

2018
05/07/2018

In July 2018, large UK car dealership Stephen James BMW Group announced that they would start accepting Bitcoin payments for their products. The dealership partnered with BitPay, the leading Bitcoin payment processor at that time. On their twitter, many enthusiasts replied showing their excitement. However, many skeptics questioned the move due to the price decline at that time. Albeit, Bitcoin Insider called the adoption an 'interesting development for the cryptocurrency industry.'


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