Happy Thursday, Blockfolians
The Lede
Well, it happened. For those who aren’t caught up, Barstool Sports founder Dave Portnoy has become the leader of a (stock market) day trading army. As you might imagine, many have been jawing in his ear about getting into bitcoin.
About a week ago, Portnoy tweeted this invite to the Winklevoss bros, who quickly accepted.
Today, Portnoy absolutely lit up bitcoin Twitter with this tweet saying that he was now “7 figures deep.”
Well, he’s just revealed the full story and here it is.
Portnoy is officially in bitcoin. And now, with 20% in LINK as well.
BTW, did you catch when the Winklevii confirmed/claimed they own 1% of the total BTC supply?
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Highly Relevant Reading
Coinbase enters the lending game with new loans backed by bitcoin product
The US has unveiled a large scale effort to crack town on terrorist financing that involves bitcoin
ETH mining profitability hits 2-year high
Uh oh. Remember that lede from the other day about YAMs? Well…things took a turn.
Community Commentary
Speaking of YAMs, today was definitely a day for learning lessons from a wild time
An interesting point about fundraising infrastructure
A Really Big Number We Should Be Paying Attention To
$20,000,000
That’s the amount that JPMorgan is reportedly putting into ConsenSys in their latest raise
Final Thought
You make a good point, Luke.