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Overstock CEO claims bitcoin sales will add 4 cents per share to year-end earnings

Posted on 13th August, 2014

According to a report published today by Reuters, Overstock CEO Patrick Byrne estimates that bitcoin sales will account for 4 cents in profit per share of the company in 2014. Byrne told the news outlet that current EPS projections for the company are 75-80 cents per share, making bitcoin’s contribution far from insignificant. The company […]