NBA star Kevin Durant may be a decorated athlete, but that doesn’t mean he doesn’t still experience any loss or misses in his life. Thankfully, a major miss has been fixed — and Durant could see his bank account swell in size because of it.
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For a little context, Durant first got involved with Bitcoin a decade ago after “scrolling on YouTube” and watching several seminars on cryptocurrency. He bought his very first one shortly after joining the Golden State Warriors.
“I felt like that was something that could be consistent and could last. And I mean, here we are now, 10 years later, we’re still talking about it,” he recently said on a panel discussion for CNBC’s Game Plan 2025 conference.
Sadly, in a weird twist, Durant and his investing partner and agent Rich Kleiman lost access to the star basketball player’s Coinbase account (where his bitcoin was being stored) and subsequently haven’t been able to generate any revenue by selling or trading it.
However, as luck would have it, due to them not selling it, the seemingly dormant bitcoin has been slowly building in value over the last decade so much so that the loss of the account access feels more like a blessing in disguise, per Kleiman.
“We’ve yet to be able to track down his Coinbase account info, so we’ve never sold anything, and this bitcoin is just through the roof. It’s just a process we haven’t been able to figure out, but bitcoin keeps going up. So, I mean, it’s only benefited us,” he explained.
Thankfully for Durant and Kleiman, their now-viral interview caught the attention of many online, including Coinbase CEO Brian Armstrong, who later took to X/Twitter to share that he’d pulled some strings and fixed Durant’s issue.
“We got this fixed. Account recovery complete!” he wrote in tweet over the weekend.
And while we don’t know the exact figures of Durant’s now pricey bitcoin, at the time of Durant’s purchase, it was trading for somewhere between “$360 and $1,000,” according to CoinGecko, a bitcoin data company. Now, it looks to be somewhere north of $116,000.
Other reports suggested Durant bought his bitcoin for around $650 back then and that it’s now sitting at $117,000.
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