Brazil’s Tecnisa Becomes the Biggest Bitcoin Merchant in Latin America

By October 22, 2014Bitcoin Politics

Brazil's Tecnisa Becomes the Biggest Bitcoin Merchant in Latin America

Brazil-based real estate developer Tecnisa has announced it is now accepting bitcoin, making the company Latin America’s largest cryptocurrency-accepting merchant by annual revenue.

Figures from the CoinDesk State of Bitcoin Q3  suggest that its revenue figures put Tecnisa among the top 10 largest bitcoin-accepting merchants globally. The publicly traded company boasted net operating revenue of 1.8bn reals in 2013 (approximately $728m).

Founded in 1977, Tecnisa has long been at the forefront of integrating new technologies into […]

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