Soros Fund Becomes Number 3 Shareholder of Overstock, CEO Known For Pro-Bitcoin Stance178.7

George Soros' investment fund became the third-largest shareholder in the pro-cryptocurrency retailer Overstock last year, data shows, according to an article published by CNBC on Thursday, Feb. 15. According to a filing from the US Securities and Exchange Commission reported by CNBC Thursday, Soros Fund Management had secured 2,472,188 shares in Overstock by the end of Q4 2017. At the same time, Soros, who has publicly stated his view of cryptocurrency as a "Typical bubble" while championing Blockchain technology, dumped shares in Facebook and Google having warned about threats to the "Monopoly" of US internet giants, CNBC reports. News of the Soros purchase this week meanwhile comes amid a similarly arm's-length approach from Berkshire Hathaway, albeit completely different in tone.
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