Dave Portnoy, founder of the Barstool Sports media empire, claims to be on pace for making a million dollars a month in bitcoin profits after only recently entering cryptocurrency investing.
Speaking in a video posted on Twitter August 17, Portnoy explained that he was already up significantly on his crypto-asset investments, which included bitcoin, ethereum and other altcoins.
He said,
I’m up one hundred grand in bitcoin, in a week […] I’m up like $98,000 in bitcoin. Not bad. At this rate I’ll make a million dollars a month in bitcoin.
Portnoy, who’s Barstool Sports sold for a whopping $450 million in January, has been making waves in the crypto space under the persona of “Davey Day Trader.” The sports media founder reportedly dabbled in crypto-assets in 2017, but only recently got interested in active investing, which he often live-streams for his Twitter followers.
Last week Portnoy published a video of a home meeting he hosted with Gemini exchange founders Tyler and Cameron Winklevoss. According to the tweet, Portnoy asked the Winklevoss’ to teach him about bitcoin in addition to learning how to navigate the exchange.
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