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Microsoft: Sorry for the Confusion, We Still Accept Bitcoin

UPDATE: Microsoft is still accepting bitcoin; messages to the contrary were posted by mistake, Redmond says.

By Stephanie Mlot
Updated March 14, 2016
Bitcoin

Don't worry, bitcoin fans. Microsoft will still support the virtual currency.

A Windows Store FAQ page accidentally said that Redmond would "no longer redeem" bitcoins on Microsoft accounts. In a statement, however, the company said the message was an error.

"We continue to support bitcoin for adding money to your Microsoft Account, which can be used for purchasing content in the Windows and Xbox stores. We apologize for inaccurate information that was inadvertently posted to a Microsoft site, which is currently being corrected," Microsoft said in a statement.

It remains unclear exactly when the incorrect message was posted; as Softpedia pointed out, the company's "How-to: Add money to your Microsoft account with Bitcoin" page remained active.

The tech titan began accepting the digital currency in December 2014 for content purchased in the Windows, Windows Phone, and Xbox stores. At the time, interest in bitcoin—an open-source peer-to-peer digital currency—was high.

As of March 2013, more than 10.5 million of the total 21 million bitcoins had been created. The crypto-currency hit a reported high in December 2013, when each coin was briefly worth more than $1,100. Their value has since dropped, and each is now worth about $413.

For more, see Everything You Need to Know About Bitcoin.

Editor's Note: This story was updated at 4:55 p.m. ET with comment from Microsoft.

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About Stephanie Mlot

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Stephanie Mlot

B.A. in Journalism & Public Relations with minor in Communications Media from Indiana University of Pennsylvania (IUP)

Reporter at The Frederick News-Post (2008-2012)

Reporter for PCMag and Geek.com (RIP) (2012-present)

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