Re:Dow plunges 1000 points
by AznHisoka on Monday February 05, 2018 @04:48PM
(#16312540)
Short Overstock. It moves very closely in align with crypto.
[ Parent
| on HN ]
Why is that? Do they have exposure to crypto?
Yeah, they've made it a point to emphasize that they're working on crypto / bitcoin related things[1].
1: https://www.investopedia.com/news/overstock-goes-all-bitcoin...
Re:Dow plunges 1000 points
by zitterbewegung on Monday February 05, 2018 @04:51PM
(#16312564)
Yes, they have been accepting crypto in payments for awhile and famously held a bunch. CEO is invested into it.