Dave Portnoy says he's down millions on Bitcoin but refuses to sell
By
Arabella Bennett
Summary
Barstool Sports founder Dave Portnoy reveals he is losing millions of dollars on his latest Bitcoin investment due to the cryptocurrency's sharp decline. In an interview on FOX Business' "Varney & Co.," Portnoy acknowledges buying Bitcoin near its peak and admits he struggles to predict the cryptocurrency's next move. Despite the significant losses, he states he has no plans to sell his holdings, indicating a long-term hold strategy even as the market turns against him.
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bskyDave Portnoy says he's down millions on Bitcoin but refuses to sellfoxbusiness.comKey quotes
· 3 pulledDave Portnoy says his latest Bitcoin investment has become an expensive lesson in timing
Dave Portnoy opens up about his costly Bitcoin investment, revealing he's down millions while explaining why he's continuing to hold
Dave Portnoy admits he doesn't have plans to sell Bitcoin despite its volatile nature and his struggle to predict the cryptocurrency's next move
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