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Bitcoin company acquisitions begin: Gambling site SatoshiDice sells for $11.5m (126,315 BTC)

CoinDesk: In a sign of Bitcoin’s rise to prominence, the first major acquisition of a company involved in the virtual currency has happened after gambling site SatoshiDice was sold to an undisclosed buyer for around $11.5 million.

The deal value is estimated in US dollars because the transaction was, of course, completed in Bitcoins: 126,315 of them to be precise.

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In2iti0n2935d ago

There are a lot of non-professional (gambling) Bitcoin sites, which might have a great future... depending on the future of Bitcoin itself.

Nucky2935d ago

This might just be the thing that could get Bitcoin currency rolling in the good direction.

In2iti0n2935d ago

And it could transform a lot of geeks into rich guys.