Do You Know the Most Important and Timely Stock Plays During the Trading Week? View Our Power Rankings.
Motivart Followed trendingstocks19 hours ago
Motivart Followed corporatealerts19 hours ago
Motivart Followed russurban19 hours ago
anonusers Placed a 'Buy' Sentiment on CNCG20 hours ago
anonusers Placed a 'Sell' Sentiment on SFORMore than a week ago
anonusers Placed a 'Sell' Sentiment on GRSTMore than a week ago
nuenergystorage Followed commodities2 days ago
nuenergystorage Followed downgrades2 days ago
nuenergystorage Followed expectedipo2 days ago
Most Discussed Stocks through Posts and Reactions on SpeculatingStocks  ACB  •  CYDY  •  ONCI  •  ICOA  •  RGBP  •  CCTL  •  ATYG  •  HPNN  •  RXMD  •  EFIR  Performance based equity crowdfunding for hyper growth companies including public companies.

Hidden Crypto Value in Overstock


OSTK, Overstock tZero Crypto Exchange

OSTK's tZero crypto exchange looks undervalued compared to Binance.

Released on Monday, August 5, 2019, 4:00 PM ET
by Email Russ UrbanContact SpeculatingStocks

Pittsburgh, PA (SpeculatingStocks) -, Inc. (NASDAQ:OSTK) and its CEO Patrick Byrnes have done a noble job competing against, Inc. (NASDAQ:AMZN) through the years. In the end though Overstock has paled in contrast to Amazon's online retail accomplishments. OSTK trades at a market cap of slightly north of $750 million.

Overstock's future is now bright again with their ownership of the tZero Exchange. Overstock's tZero exchange is the hidden value and main catalyst for OSTK moving forward. Their tZero exchange will focus on security tokens (STOs), which are the future of crypto offerings. Binance, a crypto exchange and competitor to tZero, trades at a market cap of over $4.3 billion as a cryptocurrency under the symbol BNB.

Overstock's CEO Patrick Byrnes is charging aggressively into the future. Overstock may have ultimately failed at online retail, but they can take all of that business experience into the crypto space where they are becoming a leader. Overstock recently announced that they'll be paying a digital dividend, the first of its kind.

Investors are 73% short OSTK. This is likely going to turn out to be a big mistake for those shorts. Overstock is possibly the US leader at crypto. Overstock moved first into crypto out of the major US players, and they trade at only $764 million. Investors aren't realizing the impact that blockchain and crypto will have across every industry. The impact of blockchain could ultimately rival the impact of the Internet. Binance is being valued much more fairly than Overstock is right now. However, Overstock's market value is likely to catch up over time.

Join the discussion of stocks and topics mentioned in this article within:

"The Poor Man's Bloomberg Terminal":

Discover more stocks:

⇒ About the Author of this News Article:

Russ Urban has been following the stock market for over 18 years and holds a Bachelor's Degree in Finance. From a young age, he watched CNBC with a keen eye and became obsessed with the market and technology. Russ Urban has written hundreds of stock articles and stock picks through the years since he founded, Inc. in 2006 and holds strong faith in the power of the markets and capitalism.

 If you like what you read, please share this article on social media or mention to others. Thank you. Much appreciated.