|Bid||9.30 x 800|
|Ask||9.79 x 800|
|Day's Range||9.34 - 10.01|
|52 Week Range||8.96 - 48.00|
|Beta (3Y Monthly)||3.18|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Overstock.com, Inc. (OSTK) announced that Medici Land Governance (MLG), its blockchain subsidiary focused on land administration, has signed a Memorandum of Understanding (MOU) with Liberia’s Ministry of Finance and Development Planning. The MOU will lead to a pro bono pilot project exploring the potential for the digitization of existing government services and the development of e-government platforms in the African country. In opening itself to blockchain government services, Liberia joins MLG’s currently active projects in Zambia and Rwanda.
Overstock.com, Inc. (OSTK) announced that Medici Land Governance (MLG), its blockchain subsidiary focused on land administration, has signed a Memorandum of Understanding (MOU) with the Lusaka City Council (LCC) that will lead to the issuance of no fewer than 250,000 certificates of title related to real property under the jurisdiction of LCC in and around the capital city of Zambia. In addition to establishing a simplified, time-sensitive, and streamlined titling process that builds on the 50,000 homes upon which MLG collected governance information in the fall of 2018, the MOU calls for developing and deploying a land information management system to handle title transfers, title searches, and other transactions.
Overstock.com, Inc. (OSTK) recently launched the world’s largest omni-channel 3D and augmented reality (AR) experience in e-commerce, expanding its 3D models from its award winning mobile apps to mobile web, reaching 100 percent of the retailer’s mobile users. Building on Overstock’s investment over the past three years in AR and 3D experiences, Overstock partnered with Seek, an AR industry leader specialized in web-based AR, to build on this innovation. Today, whether they’re using the mobile app or browsing online, Overstock shoppers can seamlessly view true-to-life size 3D renderings of thousands of products from top selling categories like furniture, home goods, and décor on all platforms and view these products in their room with AR.
An unanticipated stir has been created this week among shareholders by my sale of approximately 900,000 shares of “founder’s shares” of Overstock.com, Inc. (OSTK), referenced in Form 4 filings on May 15, 2019, and today on May 17, 2019. Oddly, people of whom I have never heard are writing me demanding answers regarding my timing, reasoning, and purpose in such sales. Apparently, some find it unsettling and demand answers from me about why, after 20 years of working (generally without salary or compensation), I might sell several tens of millions of dollars' worth of stock. Frankly, I had no idea that shareholders would demand explanations of why and how I might want to use my cash derived from my labor and my property to pursue my ends in life.
Medici Ventures, the wholly-owned blockchain subsidiary of Overstock.com, Inc. (OSTK), announces that its Belgium and Dubai-based keiretsu company, SettleMint, has opened 2019 with three major successes related to its leading blockchain enterprise technology solution, Mint. In January, SettleMint was selected as a recipient of the Horizon 2020 SME Instrument Phase II Grant, amounting to €1.8 million. SettleMint was also chosen to deliver a Proof of Concept for blockchain applications in securities services to Standard Chartered, a “leading international bank focused on helping people and companies prosper across Asia, Africa, and the Middle East.” In April, SettleMint was awarded a €1.591 million Research & Development grant from VLAIO to further develop its core technology, the distributed middleware Mint.
SALT LAKE CITY, May 09, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) announces Dave Nielsen’s appointment to President of Overstock.com’s retail business, a position that was.
Consolidated revenue of $368 million (17% decline) and pre-tax loss of $42 million;Retail contribution (non-GAAP financial measure) of $39 million (111% growth) SALT LAKE.
SALT LAKE CITY, May 01, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) announced today that it will webcast its annual meeting of stockholders to be held on May 9, 2019 at 1:00 p.m..
Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock.com, Inc. (OSTK) announces its new appointment to its executive leadership team. Jeremy Smith, who formerly served as a development manager for Medici Ventures, has been named to the role of Chief Technology Officer. “Medici Ventures and its companies will benefit greatly from the experience Jeremy will bring into his new position,” said Jonathan Johnson, president of Medici Ventures.
SALT LAKE CITY, April 30, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) is scheduled to release first quarter financial results for the period ended March 31, 2019 on Thursday, May.
SALT LAKE CITY, April 18, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) has released the following statement from company CEO and founder and tZERO Executive Chairman Patrick M..
Consolidated revenue of $453 million (-1% growth) and pre-tax loss of $49.9 million;CEO commits to a return to profitability for the retail business in 2019, commits Retail will.
SALT LAKE CITY, March 11, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) announced its wholly-owned blockchain subsidiary, Medici Ventures, has purchased a 5.1 percent stake in.
SALT LAKE CITY, Utah, March 08, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) is scheduled to release fourth quarter financial results for the period ended December 31, 2018 on.
Officials from the Denver Elections Division announced today that Voatz, the blockchain meets voting portfolio company of Overstock.com, Inc. (OSTK) will collaborate with Tusk Philanthropies to introduce a pilot program for the upcoming Denver municipal elections allowing voters to use their own smartphones to cast votes. As part of the pilot program, active-duty military personnel and eligible dependents as well as other overseas voters can vote using a blockchain-based smartphone app. Denver voters will be able to vote in the May 2019 election, which includes the Denver mayoral race in which Mayor Michael Hancock is seeking re-election.
Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock.com, Inc. (OSTK) announced its portfolio company Bitt is using blockchain technology to conduct a Central Bank Digital Currency (CBDC) pilot across the Eastern Caribbean Currency Union’s (ECCU) member countries. The Eastern Caribbean Central Bank (ECCB) and Bitt have partnered to pilot an ECCB securely minted and issued digital version of the Eastern Caribbean dollar distributed and utilized by financial institutions throughout the ECCU.
The previously-announced GSR equity investment in Overstock and tZERO has not been completed. Both have recently signed an MOU with tZERO outlining a transaction in which Makara and GSR would co-lead an investment of up to $100 million in tZERO common stock and close the transaction in April subject to due diligence, negotiation of binding contracts and regulatory approval.
NEW YORK, Feb. 12, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
Following the announcement on January 24, 2019 by tZERO Group, Inc., a global leader in blockchain innovation for capital markets and majority-owned subsidiary of Overstock.com, Inc. (OSTK), regarding the commencement of trading of tZERO security tokens on the tZERO platform, a technology solution for trading digital securities, tZERO provides further information regarding the key events and efforts that led up to this important milestone. As previously announced, the platform now enables accredited investors to trade tZERO security tokens with other accredited investors through a digital securities brokerage account with the introducing broker-dealer, Dinosaur Financial Group, LLC. Trades are executed on the alternative trading system (ATS) operated by tZERO subsidiary PRO Securities, LLC.
Overstock.com, Inc. (OSTK) announced its blockchain-meets-property rights subsidiary, Medici Land Governance has signed a Memorandum of Understanding (MOU) with the municipality of Tulum in Quintana Roo, Mexico to develop a digital land records platform. According to the terms of the MOU, Medici Land Governance (MLG) and Tulum officials will work together to collect real property ownership information for a defined area of Tulum Municipality to protect the land rights of its citizens, resulting in a mass issuance of certificates of title to land and related processes.
tZERO, the global leader in blockchain innovation for capital markets, announced today that secondary trading of tZERO security tokens is now live. Accredited investors can now trade tZERO security tokens with other accredited investors through a digital securities brokerage account at Dinosaur Financial Group, LLC, which will act as the introducing broker-dealer.
Dr. Patrick M. Byrne, CEO and founder of Overstock.com, Inc. (OSTK), shared his vision of how blockchain technology will allow for the building of a “tech stack for civilization” in a keynote speech at the recent North American Bitcoin Conference in Miami. Additionally, Byrne, who is also the executive chairman of tZERO, the global leader in blockchain innovation for capital markets, discussed the patented technological architecture of tZERO’s blockchain-based securities trading platform while commenting on the status and timing of the platform’s launch. In 2014, Overstock founded Medici Ventures, its wholly-owned subsidiary focused on applying blockchain technologies to existing industries to eliminate middlemen, democratize capital, and rehumanize commerce.
Leading online retailer and blockchain technology pioneer Overstock.com, Inc. (OSTK) announced today that it will become the first major U.S. company to pay a portion of its Ohio state business taxes in bitcoin using the state’s new cryptocurrency taxpayer platform, OhioCrypto.com. Overstock plans to pay its commercial activity taxes (CAT) in Ohio this February using the recently-launched OhioCrypto.com platform, which allows taxpayers to pay state business taxes with bitcoin. Ohio is the first U.S. state to offer a cryptocurrency payment system for state business taxes.
Overstock.com, Inc. (OSTK) announced, Medici Land Governance, its blockchain subsidiary focused on land administration, has signed a Memorandum of Understanding (MOU) with Teton County, Wyoming to develop a blockchain-based land records and information platform in 2019. Medici Land Governance (MLG) and Teton County will work together to develop and implement the software needed for the county, which includes the town of Jackson, to transfer and display information from its current land and property titling system to the new blockchain-based system. The new system will utilize MLG’s technologies, policies, and programs to track, record, and make available to the public certain information related to real property for management purposes.