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Overstock com (OSTK) Q1 2021 Earnings Call Transcript

Operator Good day, and thank you for standing by. And welcome to the Q1 2021 Overstock.com, Inc. earnings conference call. [Operator instructions] Please be advised that today s conference is being recorded. [Operator instructions] I would now like to hand the conference over to your speaker today, Ms. Callahan, director of investor relations. Please go ahead. Alexis Callahan Director of Investor Relations Thank you, operator. Good morning, and welcome to Overstock s first-quarter 2021 earnings conference call. Joining me today are Jonathan Johnson, CEO; and Adrianne Lee, CFO. Dave Nielsen, our president of Overstock, will also be available for Q&A. Please note that we are conducting today s call remotely. Let me remind you that the following discussion and our responses to your questions reflect management s views of today, April 29, 2021, and may include forward-looking statements. Actual results may differ materially. Additional information about factors that could potent

tZERO Announces Platform Evolution in Partnership with Prime Trust – Bankless Times

tZERO Announces Platform Evolution in Partnership with Prime Trust – Bankless Times
banklesstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from banklesstimes.com Daily Mail and Mail on Sunday newspapers.

Overstock Reports that its Transfer of Blockchain Investments to Pelion Venture Partners is Complete

Overstock Reports that its Transfer of Blockchain Investments to Pelion Venture Partners is Complete Overstock (NASDAQ:OSTK) has announced that its blockchain subsidiary, Medici Ventures, has been successfully transferred to Pelion Venture Partners. In early 2021, Overstock announced that had migrated Medici Ventures to a limited partnership while partnering with Pelion Venture Partners to act as the general partner of the fund. At that time, Overstock said it would be a limited partner in the fund. The shift in strategy was a dramatic retreat away from blockchain technology and a firm commitment to Overstock as a standalone e-commerce platform. Under former CEO and founder Patrick Byrne, the company was aiming to exit e-commerce and focus solely on blockchain technology.

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