From Cointelegraph
George Soros’ investment fund became the third-largest shareholder in the pro-cryptocurrency retailer Overstock last year, data shows, according to an article published by CNBC on Thursday, Feb. 15.Read more: https://cointelegraph.com/news/soros-fund-becomes-number-3-shareholder-of-overstock-ceo-known-for-pro-bitcoin-stanceAccording to a filing from the US Securities and Exchange Commission (SEC) reported by CNBC Thursday, Soros Fund Management had secured 2,472,188 shares in Overstock by the end of Q4 2017.
Patrick Byrne’s online platform became the first major corporation of its type to accept Bitcoin for payments in 2014, a practice it continued before announcing a new trading-focused venture in September.
After the unveiling of its partnership involving subsidiary tZero, Argon and RenGen, Overstock enjoyed several months of stocks growth in a phenomenon which repeated as more companies notionally built ties in the Blockchain space.
Business makes strange bedfellows.
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