Barstool Sports’ Dave Portnoy recently held an “emergency press conference” to congratulate all his Bitcoin people after the cryptocurrency breached the $61,000 threshold for the first time on March 13.
Portnoy purchased $200,000 worth of Bitcoin on Aug. 13 after meeting with the Winklevoss twins when the largest cryptocurrency was still trading below $12,000. He also dabbled into other altcoins such as Chainlink (LINK) and Orchid (OXT).
He ended up selling his coins at a loss on Aug. 21, claiming that he would wait and watch.
You can watch the “emergency press conference” below.
We all know a Dave, someone who bought and then sold at a loss. Sucks to suck Dave!