Overstock Reports Over $100k in Bitcoin Losses for Q1 2015

By June 24, 2015Bitcoin Business

UPDATE 25th June 0:00 UTC: Updated with comment from Overstock cryptocurrency group general manager Judd Bagley. US retail giant Overstock lost $117,000 on its investments in cryptocurrencies during the first quarter of 2015, according to the company’s latest quarterly earnings report.

Overstock listed its cryptocurrency holdings as valued at $233,000 , down from $340,000 on 31st December.

Long one of the largest merchants in the digital currencies space, Overstock had previously indicated that it was holding […]

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