Article: Overstock’s controversial former CEO sold his entire $90 million stake to pile into gold and crypto investments (OSTK)

Article - Media, Publications

Overstock’s controversial former CEO sold his entire $90 million stake to pile into gold and crypto investments (OSTK)

Ben Winck, 19 September 2019

Overstock founder and former CEO Patrick Byrne sold nearly 5 million shares totaling roughly $90 million in order to invest in “counter-cyclical” assets like gold and cryptocurrencies.

Byrne plans to make his new investments by Friday. He can also provide “a capital injection if needed by buying back into Overstock” as soon as March 17, 2020, a Wednesday blog post highlighted.

The former executive added that his move into crypto and precious metals allows him to move his capital “outside acts of retaliation from the Deep State.” Continue reading “Article: Overstock’s controversial former CEO sold his entire $90 million stake to pile into gold and crypto investments (OSTK)”

Article: Remarkable Admission from Overstock.com CEO

Article - Media, Publications

Remarkable Admission from Overstock.com CEO

Kathleen Mary Willis, 23 August 2019

Overstock.com, Inc. (NASDAQ:OSTK) CEO Patrick M. Byrne has released the following statement:

“Sara Carter has published two articles relating the following claims of mine:

Starting in 2015 I (operating under the belief that I was helping legitimate law-enforcement efforts) assisted in what are now known as the ‘Clinton Investigation’ and the ‘Russian Investigation’ (in fact, I am the notorious ‘missing Chapter 1’ of the Russian investigation). It was the third time in my life I helped the Men in Black: the first was when my friend Brian Williams was murdered, and the second was when I helped the M.I.B. shake up Wall Street a decade ago. Unfortunately, this third time turned out to be less about law enforcement and more about political espionage conducted against Hillary Clinton and Donald Trump (and to a lesser degree, Marco Rubio and Ted Cruz). Continue reading “Article: Remarkable Admission from Overstock.com CEO”