Overstock Becomes the First Major US Company to Pay Business Tax in Bitcoin

Overstock Chooses to Pay Part of the Company's Business Tax in BitcoinThe cryptocurrency-friendly company Overstock.com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state’s Ohiocrypto.com website to pay for the corporation’s commercial activities tax this year. Also read: 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History Overstock Pays […]

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Overstock To Sell Its Retail Business And Focus On Crypto, Shares Surge 26%

TheMerkle_Business DAO

After two decades of selling furniture, décor and anything in between, Overstock is finally selling off its retail business. And it’s doing this so that it can focus on cryptocurrencies and blockchain technology, the CEO revealed today. At a time when cryptos have experienced a bloodbath, Overstock’s decision to go all in will give many […]

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