Overstock Spends Bitcoin on 3 Domains
According to thedomains.com, Overstock bought three domain names and three social media handles from Anonymous Media LLC. for 150 bitcoin. The first major retailer to accept bitcoin as payment is said to have purchased the domain names O.ly, O.vu and O.cr as well as the social networking handles of twitter.com/O; vimeo.com/O and O.tumblr.com, back in December 2014.
As such, this purchase may well be the first time a major merchant has spent bitcoins earned directly, without converting them to fiat currency.
Source: CoinTelegraph.com