Overstock Will Champion Crypto Despite Cheerleader Byrne’s Exit

Patrick Byrne Overstock crypto blockchain

By CCN.com: Online retail giant Overstock remains committed to its crypto and blockchain ventures despite the shocking resignation of CEO Patrick Byrne, a longtime bitcoin bull. Overstock’s interim CEO Jonathan Johnson says the company will “absolutely” continue to focus on its fledgling blockchain business. Bitcoin fan Patrick Byrne was a blockchain bull Johnson made the assertions … Read more

Wacky Overstock CEO Resigns In The Wackiest Possible Way

Patrick Byrne

By CCN.com: In one of the most bizarre CEO departures from a public company ever from a public company CEO whose erratic behavior can only be compared to that of Elon Musk, Overstock CEO Patrick Byrne has resigned from the company. A Soap Opera at Overstock, Starring The CEO The reasons for Patrick Byrne’s departure … Read more

Crypto-Pumping Overstock Boss: FBI Ordered Me to Bang Russian Spy

crypto-loving Patrick Byrne says the FBI ordered him to bang Russian spy Maria Butina

Overstock CEO and noted crypto pumper Patrick Byrne has publicly claimed that he carried on a romantic relationship with convicted Russian spy Maria Butina. He further claims that the FBI asked him to work his way back into her bedroom, but he declined the order. A Russian Gun Rights Activist Walks Into a Liberty Conference… … Read more

Coinbase CFO & Overstock.com CEO: Security Tokens Are the Future

coinbase and overstock

By CCN.com: What do Coinbase Global CFO Alesia Haas and Overstock.com CEO Patrick Byrne have in common? Both believe that security tokens are the future, according to a panel discussion hosted by Fortune. Now that blockchain startup fundraising is in its second act, Byrne expects that security tokens will be the next “killer app.” Byrne’s … Read more

Overstock Insiders Revolt After Crypto-Crazed CEO Dumps 900,000 Shares

overstock CEO dumps 900,000 shares of stock

By CCN.com: Overstock CEO and crypto enthusiast Patrick Byrne felt the need to defend his sale of about 900,000 shares of company stock. Byrne wrote a letter defending his decision, as news of his choice had reportedly sent insiders into a tizzy and dropped O shares about 16% earlier in the week. Overstock Stock Price … Read more

‘Blockchain Revolution’ Is Bigger Than Anything We’ve Seen in History: Overstock CEO

Patrick Byrne Overstock crypto blockchain

Overstock founder and CEO Patrick Byrne is exiting the retail business so he can focus on blockchain because he believes it’s a disruptive technology that will transform the world. “The blockchain revolution has a greater potential than anything we’ve seen in history,” Byrne told Fox Business on Nov. 26 (video below). “It’s bigger than the … Read more

Overstock Blockchain Unit Invests $6 Million in Crypto Social Network ‘Minds’

crypto social network ethereum minds

Overstock Inc.’s blockchain subsidiary, Medici Ventures, made a $6 million Series A investment in Minds, an open-source, blockchain-based crypto social network. Under the partnership, Overstock founder and CEO Patrick Byrne joined Minds Inc.’s board of directors. “There has been increasing excitement in recent years over the power of blockchain technology to liberate individuals and organizations,” Byrne … Read more

Overstock Issues Shares Using the Bitcoin Blockchain

Bitcoin trading

Overstock.com, the online retailer that has been one of bitcoin’s most visible supporters among U.S. businesses, has become the first publicly-traded company to issue stock over the Internet, distributing more than 126,000 company shares using the bitcoin blockchain, according to Wired. Through a subsidiary called tØ, Overstock has spent the past two years building a … Read more

Overstock to Allow Stockholders to Trade or Buy Its Shares on its Blockchain Platform

Overstock.com, Inc. will allow its stockholders to purchase shares of its preferred stock, including those to be issued and traded exclusively using the bitcoin-based “T0” platform the company developed for trading equities.   The announcement marks a major step in the company’s efforts to offer a bitcoin blockchain-based trading system for equities. The company noted … Read more