On Thursday (August 13), Dave Portnoy, the founder and president of Barstool Sports, who had invited the Winklevoss twins to visit him and show him how to buy Bitcoin, got his wish.
In a video Portnoy published on Twitter on August 4, he admitted that although he had some time ago bought Bitcoin, he had since then lost access to his wallet.
In the video attached to this tweet, Portnoy also mentioned that he does not understand Bitcoin and that he wanted the Winklevoss twins, who are the founders of the Gemini digital asset exchange, to come to his office and explain it to him.
To show that he was serious about investing in Bitcoin, Portnoy tweeted in jest:
What made Portnoy’s interest in Bitcoin significant is that Portnoy is the the leader of an army of day traders on U.S. trading platform Robinhood and that his promotion of Bitcoin could help to increase the adoption of Bitcoin by his over 1.7 million Twitter followers, many of whom are U.S. millennials.
Well, at 17:45 UTC (or 13:45 Eastern Time) on Thursday, Portnoy tweeted that he is “7 figures deep now in this stuff” (by which he presumably means Bitcoin and/or other major cryptoassets such as Ether), and attached an eight-second video that showed him at home with the Winklevoss twins:
A few minutes later, Tyler Winklevoss, who is Co-Founder and CEO of crypto exchange Gemini, tweeted that he enjoyed his meeting with Portnoy and next time would encourage him to buy some LINK tokens.
Then, at 19:30 UTC (or 15:30 Eastern Time), Portnoy tweeted again about this meeting, this time attaching a nearly 10-minute video:
Although he had said in his earlier tweet that he was “7 figures deep in this stuff”, in this latest tweet, Portnoy starts by saying that he has deposited $250,000 into his Gemini account.
Although we can’t see the screen of Portnoy’s laptop, it does appear from the conversation he is having in the video that he invested 80% of his $250K in Bitcoin and 20% (or $50,000) in Chainlink’s native token LINK.
Also, in this video, Portnoy talks to the twins about the possibility of creating his own “Dave Coin” , and is told by the twins that they could put him in touch with some programmers who could help him with this project.
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.