RATE Group | Overstock To Sell Bitcoin Through Its Website In 2019 Through Bitsy Wallet
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Overstock To Sell Bitcoin Through Its Website In 2019 Through Bitsy Wallet

14 Sep Overstock To Sell Bitcoin Through Its Website In 2019 Through Bitsy Wallet

Posted at 15:20h in Bitcoin News by

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Overstock CEO Patrick Byrne (AP Photo/Douglas C. Pizac)

Crypto-friendly online retailer Overstock.com expects to formally begin selling bitcoin through its website in the first half of 2019, the company has revealed.

Such functionality will be offered through Bitsy, a crypto wallet and portfolio company of Medici Ventures, Overstock’s blockhain-focused subsidiary which currently has investments deployed in 18 separate ventures.

In an interview with Forbes, Patrick Byrne, founder and CEO of Overstock, announced Bitsy’s beta launch and emphasized that the roadmap is to fully integrate the wallet into the Overstock website by early next year.   

“We will be offering this through Overstock,” he said. “Expect us to be offering bitcoin by Q1 or Q2 of next year.”

While the announcement comes with crypto markets in a rocky state, Byrne shrugged off such concerns and stressed that Overstock’s commitment to crypto surpasses any short term…

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