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Topic: Overstock CEO Reveals He Now Holds Millions in Bitcoin (Read 632 times)

hero member
Activity: 868
Merit: 1000
Nice, finally some merchants decide to keep some bitcoin instead of trading it for fiat at the very second they receive it lol.  Cheesy
legendary
Activity: 1232
Merit: 1195
He has my respect alone just for taking the plunge and accepting Bitcoin, but he gets even more for investing personally in Bitcoin. I hope it pays off for him on both accounts.
newbie
Activity: 4
Merit: 0
awesome
hero member
Activity: 601
Merit: 500
Vote 4fryn :)
Cool, sounds like a good investment.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
That's interesting. Glad he decided to hold on to some. I wonder if he bought the Bitcoins elsewhere or did he take them out of the companies stash?

definitely he bought them. taking out from company's stash is utterly illegal.

Why would it be illegal? I didn't mean he took them without permission or anything.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
That's interesting. Glad he decided to hold on to some. I wonder if he bought the Bitcoins elsewhere or did he take them out of the companies stash?

definitely he bought them. taking out from company's stash is utterly illegal.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
That's interesting. Glad he decided to hold on to some. I wonder if he bought the Bitcoins elsewhere or did he take them out of the companies stash?
sr. member
Activity: 476
Merit: 250
Overstock CEO Reveals He Now Holds Millions in Bitcoin

Speaking to investors during Overstock.com’s fourth-quarter earnings call on 30th January, CEO Patrick Byrne revealed he now holds “several million dollars” in bitcoin, having recently invested in the currency.

Byrne retracted earlier statements that indicated both he and Overstock would not hold any bitcoin. The outspoken exec further freed his company to hold bitcoin on the call, stating that it is “no longer bound” by previous restrictions.

http://www.coindesk.com/overstock-ceo-holds-millions-bitcoin/
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