"I simply had to supplement my nominal salary with stock sales in order to fulfill personal commitments to invest personally in blockchain projects such as Medici Land Governance, along with a need to meet charitable pledges," writes Byrne amid some questions from shareholders.
Overstock.com fell 7% yesterday and is down 73% over the last 52 weeks. In premarket action today, OSTK is showing a 2.22% gain.
Previously: Multi-year low for Overstock.com after CEO sells shares (May 15)
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