Finance
What to know:
- NBA star Kevin Durant was essentially ghosted by Coinbase for nearly a decade. But fear not! He’s finally back in his bitcoin account, which he snagged in 2016 for a measly $650 a pop. 🤑
- Since then, BTC has gone absolutely bananas-up over 17,700%! Today, each coin is chilling at around $116,000. Who needs a lottery ticket, honestly?
Yes, you read that right. Kevin Durant can touch his bitcoin again after almost ten years of digital exile. Meanwhile, BTC was busy skyrocketing, leaving many of us screaming into pillows. 💸
“We got this fixed. Account recovery complete,” Coinbase CEO Brian Armstrong casually tweeted on X, because apparently, fixing billionaire problems is just another Tuesday for him. 😏
The comeback story hits right after Durant and his partner, Rich Kleiman, vented about the lockout at CNBC’s Game Plan conference. “It’s just a process we haven’t been able to figure out,” Kleiman said. Translation: we lost the keys, but the house got richer anyway.
Durant jumped on the bitcoin train in 2016 after hearing the hype from Golden State teammates. Price at the time? Somewhere between $360 and $1,000. Durant went in at around $650-classic. Today, those coins are lounging at $116,000. Not bad for digital Monopoly money. 💰
The duo’s exact holdings remain a mystery, but we do know Durant and Kleiman are Coinbase investors and love hyping the platform through Boardroom. Because what’s better than owning the company and the product? Owning the drama too. 🙃
Meanwhile, mere mortals on Coinbase have been screaming into the void, trying to reclaim access. Armstrong hears you (sort of) and promises the company is “putting a big focus” on customer support. Fingers crossed. 🤞
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2025-09-20 18:48