November 3, 2017 (Investorideas.com newswire) Investorideas.com, a global investor news source covering leading sectors including cryptocurrency and blockchain reports on recent stock news and video content added to its site for investors following the high-profile sector. Investorideas.com has added new companies to its growing stock directory and has added new videos from the recently held Money 20/20 Fintech and Payments conference in Las Vegas.
Newly added stocks include Marathon Patent Group (NASDAQ: MARA), a company that announced November 2, 2017 that it has entered into a definitive purchase agreement to acquire 100% ownership of Global Bit Ventures Inc. ("GBV"), a digital asset technology company that mines cryptocurrencies. GBV has robust infrastructure in place with significant capability for expansion. The closing of the transaction is subject to obtaining requisite approvals.
Global Bit Ventures Inc. is a growth oriented, private Nevada incorporated company, with operations in Quebec where it is strategically positioned to accelerate growth. GBV owns state-of-the-art GPU-based servers used to mine digital assets.
In the press release Merrick Okamoto, Chairman of Marathon said, "This acquisition provides investors an opportunity to invest in one of the first NASDAQ-listed public companies to enter this rapidly growing industry."
At the recently held Money20/20 Fintech and Payment Conference in Las Vegas, cryptocurrency and blockchain were covered in multiple track sessions.
In a session entitled 'Bringing Liquidity to the ICO Market: tØ's Wall Street Licensed Crypto Token Exchange', Patrick Byrne, CEO of Overstock.com (OSTK) and Founder of tØ teased listeners about a "mystery' announcement. He later in the session gave details of the tZERO initial coin offering (ICO), utilizing a Simple Agreement for Future Tokens (SAFT), administered as a SAFT pre-sale through SAFTLaunch.com. tZERO SAFT pre-sale is expected to open on Nov. 15, 2017 and run until Dec. 31, 2017.
He also said in his talk, "We are offering up to 500 Million tokens. We think this may be the largest ICO yet that comes to market."
Byrne made history in December 2016 when Overstock.com issued the first shares of a public company ever traded on an alternative trading system (ATS) utilizing the blockchain's distributed ledger technology.
Watch Video Patrick Byrne CEO, Overstock.com; Founder tØ Talks ICO's at Money20/20:
Apple's (AAPL) co-founder Steve Wozniak filled the conference room, halls and an overflow room with his interview session with Deirdre Bosa, Technology Reporter at CNBC. Entitled, 'The Woz on Empowering Humans with Tech', in the AI Deep Dive track he also talked about bitcoin and blockchain. "There's a lot more to this cryptocurrency. There are real strong advantages to this." Comparing it to gold and the dollar, he said."It's like gold; its solid and it holds its value. There is a certain finite amount that can exist; not like the dollar."
He also went on to comment on blockchain saying "I'm a big fan of blockchain technology."
Watch Steve Wozniak Bitcoin and Blockchain Video: https://www.youtube.com/watch?v=PiCbXouQJPc
Money20/20 is the world's largest marketplace for ideas, connections and deals in Payments and Financial Services. It's where leaders - representing every sector of the industry - come to seize new business opportunities, strengthen partnerships and discover the latest disruptions.
With 11,000+ attendees, including more than 1,700 CEOs & Presidents, from 4,500 companies and 85 countries, expected at our 2017 U.S. event, Money20/20 brings together the who's who of an industry that's revolutionizing the future of money. https://us.money2020.com/
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