Bitcoin keeps going up, so what’s the problem?

Kevin Durant has earned over $447 million in career earnings, but that’s due to 18 years of hard work on the basketball court. Durant has also made millions in endorsements and business profits. However, perhaps the most underrated but most profitable part of KD’s financial portfolio is his cryptocurrency account.

During a recent interview with CNBC, Durant’s longtime agent and business partner, Rich Kleiman, revealed how KD invested in Bitcoin during his time with the Golden State Warriors. However, the 2014 NBA MVP forgot his Coinbase password and has not accessed his crypto account ever since.

“Ben Horowitz hosted a dinner for Kevin for his birthday, and the whole Warriors team came. And at the end of that night, I was like, ‘Kevin, I heard the word Bitcoin 25 times this evening.’ And the next day, we started investing in Bitcoin. And fortunately, we’ve yet been able to track down his Coinbase account info, so we’ve never sold anything. And his Bitcoin is just through the roof,” he said.

According to Statmuse, Bitcoin closed at a price of $609.73 on September 30, 2016. With the crypto closing at 116,852.77 on September 19, 2025 if Durant invested $10,000 worth of Bitcoin in 2016, he would have gotten around 16 Bitcoins, now worth $1.87 million. That’s pocket change compared to his NBA salary, but remember that we used a sample amount of $10K. What if KD invested more? Like a million bucks? Because Kleiman said its value is “through the roof.”

But the value of Durant’s Bitcoin investment isn’t the only crazy part of this story. KD, via Thirty Five Ventures, was one of Coinbase’s investors in its 2017 Series D funding, which raised $100 million at a $1.6 billion valuation. Still, Kleiman said they haven’t retrieved Durant’s password yet.

“And we can’t get the password, yeah. It’s just insane. It’s actually insane. It’s really… We really don’t have it,” added Kleiman.

“We’ll get it. There’s just a process we haven’t been able to figure out. But Bitcoin keeps going up, so it’s like “What’s the problem?” I mean, it’s only benefitted us,” Kleiman added.

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Kleiman’s interview and story quickly circulated on the internet, and as of Thursday, it looks like the issue has been resolved.

A report from Business Insider dated September 18, 2025, said that a representative of Kleiman confirmed to them that they have regained access to KD’s account, while a Coinbase source said the Houston Rockets star was able to open his crypto account last Wednesday. It also quoted a Coinbase representative as saying:

“If a customer has lost their password, they can reset it using our self-service tools within the app, and our support team is available 24/7 to guide users through this process.”

Meanwhile, Coinbase founder and CEO Brian Armstrong posted on “X” that KD’s account recovery is complete, and he now has regained access to his crypto wallet.

But while everything’s okay now with KD’s crypto wallet, the big question is how much is the”through the roof” Kleiman talked about.

Related: “They wanted me to go. They got what they wanted, and I got what I wanted” – Kevin Durant opens up on leaving the Suns for the Rockets

This story was originally reported by Basketball Network on Sep 19, 2025, where it first appeared in the Off The Court section. Add Basketball Network as a Preferred Source by clicking here.