Dave Portnoy Holds Millions In Bitcoin And XRP, But Here’s Why He Concluded His Heart Is ‘Too Big For This Space’
Barstool Sports founder Dave Portnoy is doubling down on his commitment to the meme coin Stool Prisondente (CRYPTO: JAILSTOOL), even as traders question its future.
What Happened: Portnoy, who initially invested hundreds of thousands of dollars in the token, insists he remains committed, despite the coin’s struggles.
In an X post Monday evening, he emphasized his dedication, saying, “The fact I’m still putting my own money into #Jailstool cause I don’t want people losing money shows that my heart is too big for this stupid space. I need a blacker heart. Rise #Jailstool rise.”
His statement comes after scrutiny from crypto traders, some of whom argue that Jailstool’s decline has hurt retail investors.
However, Portnoy maintains he’s stayed true to his word, refusing to take early profits and continuing to support the project.
“I put 100’s of thousands of my own money into #Jailstool and promised up to 1 million more as it grew,” Portnoy wrote in another post. “I coulda …
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