Equity Research Firm Sees Overstock.com as Clear Blockchain Leader

In a note circulated to clients equity research firm D.A. Davidson said Overstock.com is the clear leader in blockchain technology; “Our research increased our conviction that, today and likely in the near-term, Overstock stands head and shoulders above the others” analyst Tom Forte of D.A. Davidson said as reported by Business Insider; the company was the first retailer to accept bitcoin payments and as a result saw their stock rise 265 percent in the last 12 months. Source.

About the Author

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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