SOURCE: Bitcoin Shop, Inc.

Bitcoin Shop, Inc.

May 30, 2014 09:00 ET

CEO Charles Allen of Bitcoin Shop, Inc. on Bloomberg TV's "Street Smart" Discussing DISH Network's Decision to Accept Bitcoins

ARLINGTON, VA--(Marketwired - May 30, 2014) -  Bitcoin Shop, Inc. (OTCQB: BTCS) (the "Company"), the virtual currency ecommerce marketplace www.bitcoinshop.us, today announced that Chief Executive Officer, Charles Allen, was on Bloomberg TV's Street Smart yesterday, May 29, 2014, live at 3pm EST. The topic of the appearance was a discussion about DISH Network's same day announcement that the network will be accepting bitcoins as payment starting in July 2014. The full interview is available to view online on the Bloomberg TV website.

Street Smart online viewing details are as follows:
Interview Date: Thursday, May 29, 2014
Network/Program: Bloomberg TV/Street Smart
Interview Title: DISH Network Goes Virtual: We'll Take Your Bitcoin
Interview Link: http://www.bloomberg.com/video/will-dish-bitcoin-payments-help-the-currency-VU9b1oqeS3mLPnXfEBfhOg.html

About Bitcoin Shop, Inc.:
Bitcoin Shop, Inc. operates an ecommerce website (www.bitcoinshop.us) where consumers can purchase products using virtual currency such as bitcoin, litecoin and dogecoin, by searching through selection of over 400 categories and over 140,000 items. Bitcoin, litecoin and dogecoin are virtual currencies that use peer-to-peer networks to facilitate instant payments. They are all categorized as cryptocurrencies, as they use cryptography as a security measure. Bitcoin, litecoin and dogecoin issuances and transactions are carried out collectively by the network, with no central authority, and allow users to make verified transfers.

Forward Looking Statements:
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its virtual currency business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact Information

  • Investor Relations Primary Contact:
    Alliance Advisors, LLC
    Valter Pinto
    (914) 669-0222
    (212) 398-3486
    Email Contact

    Investor Relations:
    Jon Cunningham
    RedChip Companies, Inc.
    (800) 733 2447 ext 107
    Email Contact

    Media Contact:
    Michael Terpin
    Transform Public Relations
    (310) 862-6312 (direct)
    Email Contact