Dave Portnoy, the founder of the Barstool Sports blog, said on January 28, 2022 that he spent more than a million dollars on 29 bitcoins. He is a stock trader also and had lots of ups and downs in past years in crypto trade.
— Dave Portnoy (@stoolpresidente) January 28, 2022
In August 2020, on twitter he informed that at the time he was owning zero bitcoins. He also informed about his loss in crypto trade which was about a quarter of a million dollars.
“Welcome to Team Bitcoin,” tweeted Microstrategy CEO Michael Saylor in response to Portnoy’s post.
Welcome to Team #Bitcoin
— Michael Saylor⚡️ (@saylor) January 28, 2022
At the time of writing, the proprietor of the Barstool Sports blog’s post about buying 29 BTC for a million dollars had over 58,000 likes and 3,600 retweets on Twitter.
Many bitcoin enthusiasts cheered Portnoy’s return to the fold and backed his choice to invest a million dollars in the leading cryptocurrency.