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AlanC

03/16/15 4:48 PM

#17140 RE: AlanC #17139

Overstock Buys 25% Stake in Bitcoin Broker-Dealer

Overstock.com says it has acquired a 24.9% stake in an unnamed “registered broker-dealer” as part of efforts to “develop and license software to trade cryptosecurities using the Bitcoin network and its protocols.” The company paid $250,000.

The revelation was made in Overstock’s 10-k annual report filing with the Securities and Exchange Commission (SEC) on March 12.

Overstock Acquires Stake in Bitcoin Broker