Quote from: JorgeStolfi on April 28, 2015, 06:09:07 PM

Quote from: fonsie on April 28, 2015, 05:32:37 PM

Last interview I heard with the CEO of Overstock, he said they still keep a percentage in BTC, so if you know otherwise, be kind and let us know the source...

SEC FORM 10-Q -REPORT For the quarterly period ended September 30, 2014

Quote

At present we do not accept bitcoin payments directly, but use a third party vendor to accept bitcoin payments on our behalf. That third party vendor then immediately converts the bitcoin payments into U.S. dollars so that we receive payment for the product sold at the sales price in U.S. dollars.

In the yearly report for 2014 they declare to hold bitcoins as an investment worth about 300'000$. For comparison, they hold about 10 M$ worth of precious metals and 180 M$ in "cash".

In the transcript of the spoken presentation to shareholders, Patrick also gave some disappointing numbers about bitcoin sales. Basically they dropped fast after the first few months, and were all domestic (US).

Those seem some decent numbers given the small market cap of Bitcoin. So basically you've got nothing real to back your previous statement.