Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Monday, February 23
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»Bitcoin keeps going up, so what’s the problem?
    Bitcoin

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

    September 19, 20253 Mins Read


    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.

    Related: “I’m not a believer” – Mario Chalmers explains why Chris Paul and James Harden won’t win an NBA ring before they retire

    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.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleBitcoin Retest of $120,000 Is ‘Within Sight’: Bitbank
    Next Article Trader Turns Bearish on Solana-Based Memecoin That’s Exploded 173% in Three Weeks, Updates Outlook on Bitcoin and Dogecoin

    Related Posts

    Bitcoin

    Bitcoin slides toward $64,000 as US tariff uncertainty rattles crypto markets 

    February 23, 2026
    Bitcoin

    Bitcoin’s $1trn identity crisis hits from every direction

    February 22, 2026
    Bitcoin

    Bitcoin Drops Below $65K Amid Tariff Worries and Institutional Outflow | Cryptocurrency News

    February 22, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Property

    Florida House moves property tax overhaul as cities sound alarm

    November 20, 2025
    Property

    Evergrande is a Lehman-style lesson for China

    September 21, 2021
    Stock Market

    LONDON MARKET OPEN: Shares flat amid US-UK tension due to China visit

    January 30, 2026
    What's Hot

    ‘Butler’ who helped Chinese ‘Bitcoin queen’ evade capture by booking Airbnbs and organise helpers admits role in £5.5bn crypto scam

    September 30, 2025

    BTC struggles below $90,000 amid easing risk appetite, increasing bearish pressure

    January 21, 2026

    Nanjing Public Utilities Development Co., Ltd. propose un dividende final en espèces pour l’année 2024

    April 11, 2025
    Most Popular

    Dow surges 650 points as stock market snaps back

    July 27, 2024

    FOMC meeting minutes to gold prices: Top five triggers for Indian stock market this week

    November 15, 2025

    L’étonnante poussée de Bitcoin de Bitmax: une stratégie de trésorerie cryptographique audacieuse dévoilée

    July 5, 2025
    Editor's Picks

    Everything You Need To Know – Forbes Advisor

    October 5, 2022

    Dow, S&P 500, Nasdaq rise as TSMC’s stellar earnings eclipse trade-war jitters

    October 16, 2025

    Orbán targets foreign-funded media, NGOs, likens USAID to political interference

    February 19, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.