[8] BitPay announced in January 2013 that they would be relocating their headquarters to Atlanta, Georgia, from their previous location, Orlando, Florida.
[11] In 2014, BitPay expanded its North American presence beyond its headquarters in Atlanta, opening offices in New York City, San Francisco and St. Petersburg, Florida.
[18] Shortly after CES 2014, the NBA basketball team the Sacramento Kings announced they would become the first major sports franchise in North America to accept bitcoin as a form of payment for tickets and merchandise and would be processed by BitPay.
[32] In Dec 2017, Steam stopped accepting bitcoin payments from BitPay, citing transaction costs for small items were too high, along with volatility concerns.
[36] In 2021 AMC Theatres,[37] Gucci,[38][39] and TAG Heuer[40] began allowing customers to make payments via BitPay.
Initial funding came from sources including Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver,[10] and Trace Mayer.
[10] A Tech Crunch article stated that the investment would likely be spent on staffing, with a number of coding specialists required around that time.
[10] In December 2013, Hong Kong business magnate Li Ka-shing invested through his Horizons Ventures firm about $2.7 million into BitPay.