Overstock Insiders Revolt After Crypto-Crazed CEO Dumps 900,000 Shares

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By CCN: Overstock CEO and crypto enthusiast Patrick Byrne felt the need to defend his sale of about 900,000 shares of company stock. Byrne wrote a letter defending his decision, as news of his choice had reportedly sent insiders into a tizzy and dropped O shares about 16% earlier in the week. Overstock Stock Price Recovers After Mid-Week Slump Byrne explained in a public letter that he was investing in blockchain projects alongside Overstock and that he needed the money to keep his commitments, including to charity. While there is a definitive correlation with the news and the change in…
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Overstock Insiders Revolt After Crypto-Crazed CEO Dumps 900,000 Shares

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