Barstool Sports founder Dave Portnoy on Wednesday told Anthony Pompliano he once held $15 million in Bitcoin (CRYPTO: BTC) and has lost most of it. And yet, Portnoy still refuses to sell.
Portnoy Says He’s Always On The Wrong Side Of Bitcoin
In the interview with Pompliano, Portnoy traced his crypto history back to a meeting with the Winklevoss twins, who pitched him on Bitcoin at $11,000.
He bought $2 million worth and sold immediately after the meeting, calling their explanation about Elon Musk mining gold from outer space nonsensical. Bitcoin went from $11,000 to $60,000 in roughly six months.
He got back in later at much higher prices, eventually building a position worth roughly $15 million at peak.
