Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, May 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

    Brazil busts illegal Bitcoin mining operation, seizes 1,400 rigs in São Paulo

    May 22, 2026
    Bitcoin

    Saylor Says ‘Not Unlikely’ Strategy Will Sell Bitcoin in 2026

    May 22, 2026
    Bitcoin

    Iran intensifies Strait of Hormuz closure, stranding 20,000 sailors as Bitcoin enters the picture

    May 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
    Utilities

    United Utilities Group PLC annonce des changements au sein de son conseil d’administration

    April 16, 2025
    Utilities

    Arkansans can’t afford proposed utility rate increase, lawmakers tell regulatory agency • Arkansas Advocate

    October 29, 2024
    Finance

    New finance hires boost Staffordshire housebuilder’s £400 million sales mission

    October 28, 2025
    What's Hot

    75% of the Circulating Bitcoins Have Not Moved in 6 Months

    August 19, 2024

    Steak ’n Shake Adds $10,000,000 In Bitcoin To Treasury

    January 17, 2026

    Droits de douane, chute des cours de Bitcoin – 07/02

    February 7, 2025
    Most Popular

    Elon Musk’s Tesla Waving Goodbye To Bitcoin? $760M Sent To Unknown Wallets – Tesla (NASDAQ:TSLA)

    October 16, 2024

    Major Indexes Rise After Tumbling Monday; AMD Stock Surges on Meta Chips Deal

    February 24, 2026

    Des flux massifs de Bitcoin sur Binance signalent une possible hausse avant l’indice des prix à la consommation (CPI)

    April 11, 2025
    Editor's Picks

    Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty

    August 20, 2025

    Wealthfront Advisers LLC Buys Shares of 3,255 iShares U.S. Utilities ETF (NYSEARCA:IDU)

    March 18, 2025

    Bitcoin Holds $65,000 While XRP Targets a $2 Breakout Move

    March 2, 2026
    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.