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Shares of Beyond Inc. rose then fizzled after hours on Monday after the online retailer, which oversees the resurrected Bed Bath & Beyond and Overstock.com, reported second-quarter results that weren’t as bad as expected.
But the company’s blockchain investments — along with retail, its crypto roots
go back at least a decade — have been a different story. And its chief executive on Monday also urged more concerted action to deliver results from those businesses, as investor pressure intensifies and cryptocurrency regulation starts to take shape.
This post was originally published on Market Watch
