Dave Portnoy Says He Owns $1.5 Million Bitcoin, $1.3 Million XRP: ‘Bet It And Set It, Not Trading’
Barstool Sports founder Dave Portnoy shared on a recent stream that he owns millions of dollars in Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP), which comes after he recently interviewed Bitcoin bull Michael Saylor.
What Happened: The price of the XRP token from Ripple has been soaring, and price and interest with the latest news of a USD-backed stablecoin called Ripple USD (CRYPTO:RLUSD) helping to carry the story forward to the end of the year.
XRP has soared over 100% in the last month and is up 260% year-to-date in 2024.
Among the holders of XRP is Portnoy, who shared in a stream this week that he owns $1.3 million XRP.
“I’m always late to these runs,” Portnoy said in response to a viewer of his “Davey Day Trader Global” stream.
Portnoy also shared that he is holding his Bitcoin, saying he had 15 BTC, worth around $1.5 million.
“I’m gonna bet it and set it, not trading,” Portnoy said of the cryptocurrencies.
During the streams, Portnoy also discussed the optimism for Ripple and XRP thanks to the launch of the stablecoin, while adding that RLUSD was not a hidden thing.
“Already so …
About The Author
