Overstock (OSTK - Get Report) founder Patrick Byrne is ready to sell his internet business and pursue a passion for blockchain technology. 

"By February or March you will see an announcement on a course taken either selling [Overstock] to a bricks-and-mortar retailer or someone taking a strategic investment," Byrne told TheStreet. Byrne added that he is leaning toward selling Overstock to a bricks-and-mortar retailer.

"The gods of economics want it - there are just unbelievable synergies," Byrne said of joining forces with a big box retailer.

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