Barstool's Portnoy plans to hold bitcoin down to zero after timing it wrong every time
2026-07-05 06:01:12
Barstool Sports founder Dave Portnoy said he plans to hold bitcoin “down to zero” after buying near $100,000 and suffering “millions of losses.” He told FOX Business’ Stuart Varney that he won’t sell because “every time I sell it, it goes nuclear,” according to CoinDesk, adding that “every time I buy it, it tanks.” CoinDesk data show BTC peaked above $126,000 in October last year and has since fallen to $63,000. Portnoy also said at Consensus 2025 that the memecoin scene is ultimately unsustainable.
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