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.  The outspoken exec further freed his company to hold bitcoin on the call, stating that it is ‘no longer bound’ by previous restrictions.  Notably, Byrne echoed statements made by executive vice president Jonathan Johnson at the New York Department of Financial Services (NYDFS) hearings this week, saying that Overstock is exploring ways to pay employees, suppliers and vendors in cryptocurrency.”

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

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