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Overstock News

Overstock.com is an online retailer that sells a wide range of goods. At its origins, it was a platform for selling the surplus of electronic goods or those which had been returned, but it then started to offer new products, which have attracted more of the public. The platform was founded in 1999 by Patrick Byrne, who is the current CEO of the company. The company is headquartered in the USA. In 2014, it became the first major retailer to start accepting Bitcoin as a form of payment. By 2017, the company had launched the Medici Ventures department, specializing on blockchain and its technologies, while also entering into a partnership with an exchange platform so that they can allow their customers purchase items with over 40 other kinds of virtual currencies. Overstock donates 4% of its Bitcoin revenue to various foundations involved in advocating for the use of cryptocurrency.
Overstock sold its first cryptobond, the cryptography team at Blockstream unveiled its first prototype sidechain and more top stories for June 9.
JUN 9 DIGEST: Blockstream Unveils Sidechain Prototype; Overstock Sells its First Cryptobond
Guest Author
2015-06-09T12:46:00+01:00
116
Overstock became the first company to offer a corporate bond, valued at US$25 million, as crypto securities to qualified institutional investors.
Overstock to Offer $25M Corporate Bond as the World’s First Crypto Security
Joseph Young
2015-06-06T19:08:00+01:00
770
Overstock takes steps toward issuing blockchain-secured stocks by purchasing a 25% stake in trading firm Pro Securities.
Overstock Buys Stake in Trading Firm, Reducing Regulation Red Tape for Medici
Charlie Richards
2015-05-20T20:09:00+01:00
1064
Overstock buys a 25% stake into PRO Securities, the New York Stock Exchange launches a BTC pricing index, MasterCard deploys new P2P money transfer service in t...
MAY 20 DIGEST: NYSE Launches Bitcoin Index, Overstock Invests in 'Alternative Trading' Company
Diana Ngo
2015-05-20T11:31:00+01:00
933
A curious user recently asked members of the Bitcoin subreddit how they spend their bitcoins on an everyday basis. Because Reddit is a global community, it's li...
Top 10 Ways People Spend Bitcoins Today
Amanda B. Johnson
2015-05-13T09:40:00+01:00
2668
Stock exchange operator NASDAQ is experimenting with blockchain, Rand Paul has named Overstock CEO Patrick Byrne as a member of his tech council, and more news.
MAY 11 DIGEST: NASDAQ Tests Blockchain Technology, Rand Paul Names Overstock's Patrick Byrne As A Member Of Tech Council
Aaron van Wirdum
2015-05-11T12:34:00+01:00
425
Online retailer Overstock has filed for permission to issue US$500m in stocks using distributed blockchain technology.
Wall Street Left Out in Overstock's US$500M Stocks Issue
Charlie Richards
2015-04-28T09:41:00+01:00
453
A spokesman from the first major online retailer to accept Bitcoin, Overstock.com, has confirmed that the company is planning to conduct exclusive Bitcoin-only ...
Overstock Unveils Bitcoin-Only Discounts, Wider Adoption Strategy
William Suberg
2015-04-09T10:07:17+01:00
1059

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