Overstock CEO responds to concern after selling off 900,000 founders shares6

Overstock.com CEO Patrick Byrne said he sold off about 900,000 “founders shares” in the company to fund other projects, including investments in Blockchain technology. The sale drew concern from shareholders, which led Byrne to make a statement on the sale of personal shares, claiming he had previously told shareholders he would be making “significant sales” last year.

Byrne indicated that he was unhappy with the intrigue from other shareholders surrounding his sales.

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