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Massive EV charging giant to accept XRP, Bitcoin, Dogecoin payments
Blink Charging Co. (NASDAQ: BLNK), one of the world’s largest electric vehicle (EV) charging companies, announced September 4 it will allow drivers to pay with cryptocurrency across its network before the end of 2025.
BLINK owns and operates thousands of EV charging stations globally, making it a major player in the fast-growing transition to electric transportation.
Blink did not specify which digital assets will be supported, but enabling crypto payments typically means support for major coins such as Bitcoin, Ethereum, and XRP.
Through the Blink Charging App, customers will soon be able to use crypto for their charging sessions.
“The EV community is one of early adopters,” said Harmeet Singh, Chief Technology Officer at Blink.
Blink also hinted at further integrations later this year, including loyalty rewards and other features to enhance customer value.
Blink Charging Co. is a major electric vehicle (EV) charging network operator headquartered in Bowie, Maryland. They manufacture, operate, and manage EV charging equipment and services globally. Blink stands among the top three EV charging networks in the U.S.
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How large is Blink?
In the first quarter of 2025, Blink brought in $20.8 million in total revenue, with service revenues up 29% year-on-year to $10.6 million, while product revenues plunged to $8.4 million. Gross margins stood at 35.5%, with net loss at $20.7 million.
In Q2, the firm reported a rebound to $28.7 million in revenue — a sequential gain of 38% — led by a 46% year-on-year jump in service revenues to $11.8 million
Tesla’s unfulfilled Bitcoin promise still haunts the crypto world
Back in February 2021, Tesla announced that it had purchased $1.5 billion worth of Bitcoin and would soon begin accepting the cryptocurrency as payment for its electric vehicles. Elon Musk said at the time that Tesla planned to keep the Bitcoin it received, rather than converting it back to dollars, making it one of the first major automakers to fully embrace crypto in both its treasury and sales strategy.
By March 2021, Tesla officially rolled out Bitcoin payments for U.S. customers through its website. The feature allowed buyers to complete vehicle purchases directly with BTC. Musk stressed that Tesla was running its own Bitcoin nodes and open-source software, ensuring transactions would be kept in crypto form without third-party interference.
However, by May 2021, Tesla suspended the option, citing environmental concerns about Bitcoin mining’s reliance on fossil fuels. Musk said the company remained committed to Bitcoin long term and would reinstate payments “once mining transitions to more sustainable energy.” Since then, Tesla has continued to hold Bitcoin on its balance sheet, but the payment option has not yet returned.
This story was originally reported by TheStreet on Sep 4, 2025, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.
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