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Overstock to Pay Shareholders a Dividend in tZERO Crypto Tokens

Overstock to Pay Shareholders a Dividend in tZERO-Listed ‘Digital Securities’ – CoinDesk

Online retailer announced it will pay shareholder dividends in a digital security listed on its affiliate company tZero’s trading platform. The move, approved by the company’s board of directors, will see that one digital voting series A-1 preferred stock (series A-1) will represent 10 shares of common stock, or 10 shares of voting series B preferred stock, according to a statement released Tuesday.