In a recent message sent to game developers that have their game published on Steam, Valve has announced that it will soon start accepting Bitcoin as payment option. The announcement states that Steam will be utilizing a third-party payment processor to convert the Bitcoins back to a regular currency before the reveneue is distributed back to the game developer.
No official announcement on Bitcoin payment options for Steam have been published yet, though it is expected the company will make an announcement soon. Game developers will not have to take additional steps in order to activate Bitcoin as payment option, the set purchase price will be converted automatically.