Blog Archives

Overstock’s Security Token Exchange Slated For Launch Next Month

Posted on 10th April, 2018

After more than three years of development, blockchain-powered tokenized security exchange tZERO appears to be on the verge of a full public debut. The project released series of videos yesterday, demonstrating how tokenized versions of stocks and other securities can be bought, sold, and traded on the platform. While some cryptocurrency exchanges currently allow […]

Overstock confirms Sept. 1 launch of international bitcoin buying option

Posted on 20th August, 2014

After months of speculation, CEO Patrick Byrne confirmed yesterday that his company will be enabling buy-with-bitcoin options on their international site,, starting Sept. 1. Although the move was known to be the works since July, the date of the bitcoin-buying service expansion wasn’t known beyond a general “within a few months” estimate. The […]

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 […]

Report: Overstock CEO Patrick Byrne says company exploring digital stock offering

Posted on 31st July, 2014

On Tuesday, bitcoin-accepting online marketplace quietly updated its website to include an open-source wiki page entitled “How to issue a cryptosecurity.” Not surprisingly, rumors began to spread that the Utah-based retailer might be considering issuing a digital security of its own, something that CEO Patrick Byrne has hinted at before. Through such a system, […]

Overstock CEO Patrick Byrne claims bitcoin growing by 25% each month

Posted on 27th May, 2014

Speaking on the Fox Business segment “Opening Bell”, CEO Patrick Byrne explained his long-term view for the virtual currency. During a discussion about the overall state of the online retail economy, host Maria Bartiromo asked Byrne “Where’s the money [in bitcoin]?” “Bitcoin is tiny at this point, but it’s growing about 25% a month,” […]

Bitcoin-championing retailer Overstock reports 9% revenue boost in Q1

Posted on 24th April, 2014

Although bitcoin is unlikely to have played a major role in’s significant first-quarter earnings uptick, it’s good to know that one of the rare major online retailers to advocate for virtual currencies seems to be doing just fine. Overstock’s quarterly report was published today, showing a strong 9% growth in both revenue and gross […]