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Overstock

204, 2016

Overstock’s $16 Million investment in Bitcoin company funds financial disruption across the Caribbean

|2 Apr 2016|News|

At a press conference in Barbados on Friday, alongside the Minister of Finance, Overstock CEO Patrick Byrne announced closing a US$4 Million Series A investment in Barbadian bitcoin exchange Bitt.  The funds constitute the first installment of a staggered investment from the retail giant, totalling US$16 million, and places Bitt’s valuation at US$50 million, according to the company.

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