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Nearing $1M in bitcoin sales, Overstock CEO says he wants to ‘further the cause of Bitcoin’

21
Feb
2014

For those hoping to buy real goods with bitcoin, Overstock.com is still the biggest game in town, and a new CEO profile by Forbess Kashmir Hill helps explain the story behind the early adoption and the companys newfound devotion to cryptocurrency. With new Bitcoin reward programs and plans for a Bitcoin-like stock market, CEO Patrick Byrnes devotion to Bitcoin goes far beyond a simple business opportunity. According to Byrne, Overstock has now done $870,000 in Bitcoin business, with over $100,000 coming on just the first day.

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