Barstool Sports Blog Founder Dave Portnoy Spends a ‘Cool Million’ on 29 Bitcoin

The founding father of Barstool Sports weblog, Dave Portnoy, introduced he bought 29 bitcoin on January 28, spending greater than one million {dollars}. The day dealer has had his ups and downs with bitcoin over the previous couple of years, and it appears he’s now leaping again into the market.

Day Trader Dave Portnoy Bought 29 Bitcoin on the Fly After His Ups and Downs With the Leading Crypto

In August 2020, the inventory dealer and the founding father of Barstool Sports weblog, Dave Portnoy, instructed his Twitter followers that he at the moment owned “zero bitcoins.” “I’ll wait and watch,” the day dealer wrote on the time. “I misplaced 25K. Just like with the inventory promote it took my mind time to determine it out. I do know this. The Link Marines are weak and the orchid flowers do die within the crypto world. I could or is probably not accomplished,” Portnoy added. Earlier within the day, Portnoy appeared very irritated with cryptocurrency markets and confused in a video:

This Bitcoin — I don’t belief this market in any respect. I could also be out of it by the tip of in the present day, and by no means come again.

The Barstool Sports weblog founder had not too long ago entered into a BTC position when he offered his stash of dogecoin (DOGE), after listening to that Tesla offered some bitcoins in April 2021. “I’m the proud proprietor of 1 bitcoin,” Portnoy mentioned on the time. Now it appears after bitcoin (BTC) dropped over 40% from its November 10, 2021, all-time excessive, BTC is on the proper worth for Portnoy’s style. The Barstool Sports weblog founder tweeted:

F***ed round and purchased 29 bitcoins in the present day.

Barstool Blogger Writes: ‘Parabolic Dave’ Returns With a ‘Cool Milly’ Worth of Bitcoin

The CEO of Microstrategy Michael Saylor responded to Portnoy’s tweet and mentioned: “Welcome to Team Bitcoin.” The buy was featured on Barstool Sports weblog in a post referred to as “Davey Crypto Just Bought A Million Bucks Of Bitcoin,” written by the blogger Nate. “I believed that was the final we’d see of Parabolic Dave,” Nate wrote. “And then in the present day he reached between his sofa cushions and purchased 29 [bitcoin]. A coooooool milly. All it took was a bit of old skool Barstool mudslinging from the imply women and a aspect order of Smitty and Dave is again in motion. I like it.”

The Barstool Sports weblog founder’s tweet about buying 29 BTC for one million {dollars} was very talked-about on Twitter getting greater than 32,000 likes and over 2,000 retweets, on the time of writing. Many bitcoin supporters welcomed Portnoy back into the fold and supported his determination to spend one million {dollars} on the main crypto asset.

What do you consider Dave Portnoy messing round and buying 29 bitcoin for one million {dollars}? Let us know what you consider this topic within the feedback part beneath.