Recently Overstock and its former CEO Patrick Byrne have recently made a lot of headlines. The main reason for that is that Patrick Byrne left the company with a big bang, sold all his equities and didn’t keep it a secret that he had invested in Bitcoin and gold.Now, an investor from Canada – Benjamin Ha, has filed a complaint with the United States Securities and Exchange Commission (SEC) alleging that between May 9 and September 23, 2019, Overstock published “materially false and misleading...
Read More »Patrick Byrne Sells Overstock Shares for Crypto and Precious Metals
Patrick Byrne, the former chief executive of Overstock.com who sent shockwaves through the blockchain community not too long ago when he resigned from his post, has decided to sell all his company shares – worth roughly $90 million before taxes – and commit all his money to crypto and precious metals. Byrne Is Getting Ready for a Financial BreakdownByrne comments that he’s ready to go to war with the “deep state” and its “pet” the Securities and Exchange Commission (SEC).In 2014, Byrne was...
Read More »Former Overstock CEO Patrick Byrne Just Sold All His Equity Holdings to Buy Crypto and Gold
Patrick Byrne shared the letter on his personal website. Within the letter he reveals that he had dumped all his Overstock equity holdings over the past week and blames the deep state and the government for this action:“The riff-raff will tell you that my departure and sale were from a lack of confidence in what I left behind in Peace Coliseum: they are wrong, and I would like to tell you all the actual reasons before the yuck-yucks spin the truth.”Patrick Byrne resigned from the role of CEO...
Read More »#711 Alchemy Expansion Asien, Overstock CEO kauft Bitcoin & Coinbase neue Token
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 711. Heute geht’s um folgende Themen: Alchemy ermöglicht Bitcoin Zahlungen für 1,2 Millionen Händler in Asien, Overstock-CEO verkauft Unternehmensanteile und kauft BTC & Coinbase plant neue Token. 1.) Alchemy ermöglicht Bitcoin Zahlungen für 1,2 Millionen Händler in Asienhttps://coin-update.de/alchemy-ermoeglicht-bitcoin-zahlungen-fuer-12-millionen-haendler-in-asien/ 2.) Ehemaliger Overstock-CEO verkauft...
Read More »Overstock Shares Crash as Former CEO Cashes Out – Goes All In on Crypto and Gold
Patrick Byrne, Overstock's former CEO, is cashing out of the company he built. | Image: AP Photo/Steve C. Wilson Ousted former CEO of Overstock, Patrick Byrne, revealed via a regulatory filing on Wednesday that he offloaded his entire holdings in the internet retailer he's been at the helm for since 1999. Byrne liquidated his entire holdings. | Source:...
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