#overstockcom

Overstock.com CEO Patrick Byrne has received a stake in blockchain startup, Medici Land Governance (MLG). Byrne bought a 43 p.c stake in the blockchain land registry in a non-public transaction. Blockchain land registries were getting numerous traction all over the world, as they promise a viable option to the issue of fragmented paper information and…

Overstock.com has received a name some of the cryptocurrency neighborhood for being the primary main store to test bitcoin as a method of cost and for accepting over 40 virtual cash nowadays. The corporate, then again, is extra targeted within the underlying era because it continues to spend money on the blockchain construction to reform…

Bitcoin-Friendly Overstock.Com Abandons Secondary Stock Offering Amid Falling Share Prices

Overstock.com, the first major retail to accept Bitcoin (BTC) as a payment option in 2014, has decided to pull its secondary stock offering due to its continuing falling share price, the Wall Street Journal reported yesterday, April 2.

The company had seen its shares skyrocket last fall as news broke that Overstock would be developing an alternative Initial Coin Offering(ICO) trading platform.…

Overstock.com, the primary main retail to just accept Bitcoin (BTC) as a cost possibility in 2014, has determined to drag its secondary inventory providing because of its proceeding falling percentage worth, the Wall Street Journal reported the day past, April 2. The corporate had observed its stocks skyrocket ultimate fall as information broke that Overstock…

George Frey | Bloomberg | Getty Images

Patrick M. Byrne, chairman and chief executive officer of Overstock.com.

Shares of Overstock.com briefly surged more than 23 percent Monday after Morgan Stanley Investment Management disclosed an 11.4 percent stake in the company.

The investment management division of Morgan Stanleyhas $447 billion in assets under management and its products…