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The post Kevin Durant’s Forgotten Bitcoin Purchase Surges Nearly 200x appeared on BitcoinEthereumNews.com. Durant’s 2016 Bitcoin buy grew nearly 200x in value after years of lost account access. A $10K Bitcoin purchase then would be worth about $1.8M at today’s $117K price. Durant’s firm worked with Coinbase to restore access after years of login issues. NBA star Kevin Durant regained access to a Bitcoin account he opened in 2016, where BTC traded around $650. The coins sat untouched for nearly a decade after he lost his login credentials. With Bitcoin now above $117,000, his holdings have surged almost 200x. A $10,000 entry at 2016 prices is now valued near $1.8 million. Durant’s agent, Rich Kleiman, revealed the recovery during CNBC’s Game Plan conference in Los Angeles, calling it one of the athlete’s most lucrative investments Forgotten Account Benefited From Inactivity Durant first bought Bitcoin while playing for the Golden State Warriors, after attending a dinner conversation that centered on crypto. He and Kleiman purchased through Coinbase, but login issues locked them out. Related: Bitcoin’s 8-Year Trendline Test at $117,250 Could Define Next Move Kleiman confirmed no sales were made through multiple bull cycles. “We’ve never sold anything,” he said, adding that the lost access unintentionally preserved Durant’s stack during rallies and corrections. Coinbase Steps In Durant’s firm, Thirty Five Ventures, partnered with Coinbase in 2021, and the exchange has since worked with them to restore access. Coinbase said its platform includes self-service recovery tools and 24/7 support for similar cases. With access restored, Durant now sits on Bitcoin that has surged nearly 200x since his entry. From Warriors to Rockets, Bitcoin Still Wins The two-time NBA champion and Olympic gold medalist is set to play for the Houston Rockets this season after a stint with the Phoenix Suns.  Off the court, his early experiment with Bitcoin has turned into a multimillion-dollar windfall that… The post Kevin Durant’s Forgotten Bitcoin Purchase Surges Nearly 200x appeared on BitcoinEthereumNews.com. Durant’s 2016 Bitcoin buy grew nearly 200x in value after years of lost account access. A $10K Bitcoin purchase then would be worth about $1.8M at today’s $117K price. Durant’s firm worked with Coinbase to restore access after years of login issues. NBA star Kevin Durant regained access to a Bitcoin account he opened in 2016, where BTC traded around $650. The coins sat untouched for nearly a decade after he lost his login credentials. With Bitcoin now above $117,000, his holdings have surged almost 200x. A $10,000 entry at 2016 prices is now valued near $1.8 million. Durant’s agent, Rich Kleiman, revealed the recovery during CNBC’s Game Plan conference in Los Angeles, calling it one of the athlete’s most lucrative investments Forgotten Account Benefited From Inactivity Durant first bought Bitcoin while playing for the Golden State Warriors, after attending a dinner conversation that centered on crypto. He and Kleiman purchased through Coinbase, but login issues locked them out. Related: Bitcoin’s 8-Year Trendline Test at $117,250 Could Define Next Move Kleiman confirmed no sales were made through multiple bull cycles. “We’ve never sold anything,” he said, adding that the lost access unintentionally preserved Durant’s stack during rallies and corrections. Coinbase Steps In Durant’s firm, Thirty Five Ventures, partnered with Coinbase in 2021, and the exchange has since worked with them to restore access. Coinbase said its platform includes self-service recovery tools and 24/7 support for similar cases. With access restored, Durant now sits on Bitcoin that has surged nearly 200x since his entry. From Warriors to Rockets, Bitcoin Still Wins The two-time NBA champion and Olympic gold medalist is set to play for the Houston Rockets this season after a stint with the Phoenix Suns.  Off the court, his early experiment with Bitcoin has turned into a multimillion-dollar windfall that…

Kevin Durant’s Forgotten Bitcoin Purchase Surges Nearly 200x

Yazar: BitcoinEthereumNewsKaynak: BitcoinEthereumNews
2025/09/20 00:06
  • Durant’s 2016 Bitcoin buy grew nearly 200x in value after years of lost account access.
  • A $10K Bitcoin purchase then would be worth about $1.8M at today’s $117K price.
  • Durant’s firm worked with Coinbase to restore access after years of login issues.

NBA star Kevin Durant regained access to a Bitcoin account he opened in 2016, where BTC traded around $650. The coins sat untouched for nearly a decade after he lost his login credentials.

With Bitcoin now above $117,000, his holdings have surged almost 200x. A $10,000 entry at 2016 prices is now valued near $1.8 million.

Durant’s agent, Rich Kleiman, revealed the recovery during CNBC’s Game Plan conference in Los Angeles, calling it one of the athlete’s most lucrative investments

Forgotten Account Benefited From Inactivity

Durant first bought Bitcoin while playing for the Golden State Warriors, after attending a dinner conversation that centered on crypto. He and Kleiman purchased through Coinbase, but login issues locked them out.

Related: Bitcoin’s 8-Year Trendline Test at $117,250 Could Define Next Move

Kleiman confirmed no sales were made through multiple bull cycles. “We’ve never sold anything,” he said, adding that the lost access unintentionally preserved Durant’s stack during rallies and corrections.

Coinbase Steps In

Durant’s firm, Thirty Five Ventures, partnered with Coinbase in 2021, and the exchange has since worked with them to restore access. Coinbase said its platform includes self-service recovery tools and 24/7 support for similar cases.

With access restored, Durant now sits on Bitcoin that has surged nearly 200x since his entry.

From Warriors to Rockets, Bitcoin Still Wins

The two-time NBA champion and Olympic gold medalist is set to play for the Houston Rockets this season after a stint with the Phoenix Suns. 

Off the court, his early experiment with Bitcoin has turned into a multimillion-dollar windfall that rivals his highest-profile endorsements.

Related: Bitcoin’s Weekly Close Above $114,000 Shows Institutional Demand Is Back

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/kevin-durant-bitcoin-forgotten-wallet/

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