Kevin Durant #35 of the Phoenix Suns in the second half watched the Houston Rockets in the Phx Arena on March 30, 2025 in Phoenix, Arizona.
Chris Coduto | Getty pictures
NBA superstar Kevin Durant cannot find the password for being Coin base The account that Bitcoin keeps it seriously started buying when he played for the Golden State Warriors in 2016. His agent couldn't be happier.
Durant's situation only “benefits” the Hoopster, said Agent Rich Kleiman.
“We have not yet been able to track down his coinbase account information, so we have never sold anything, and this Bitcoin is only through the roof,” said Kleiman on Tuesday at the CNBC game plan conference in Los Angeles.
“It is just a process that we couldn't find out, but Bitcoin continues … so I mean, it just benefited us,” he said.
Durant, who will play for the Houston Rockets in the coming season, began to Bitcoin in 2016 after the US legend of the US Olympic team and Kleiman took part in a dinner in which his teammates at that time discussed the cryptocurrency.
“I just heard the word 'Bitcoin' 25 times tonight, and the next day we started investing in Bitcoin,” said Kleiman. The agent did not say how much Bitcoin Durant bought.
According to Coingecko, Bitcoin was sold in 2016 for around 360 and $ 1,000 dollars in 2016. The leading cryptocurrency now acts with almost 116,000 USD or more than 11,000% above the highest price that Durant bought.
Stock Diagram -iconstock -Igram -Symbol
Bitcoin since 2020
Durant was not able to access his coinbase account due to a “user error at our end”, Kleiman told CNBC on Wednesday.
“We have already worked with the Coinbase team in Kevins Account Recovery. So it was easy for me to make a joke about it on stage,” said Kleiman.
Kleiman said he and Durant were also investors in Coinbase globalAnd that the company “was a valuable resource for the growth of our business”. In 2021, the thirty -five ventures of the duo concluded a multi -year contract with Coinbase to promote the trading platform, create content via digital assets for the sports and entertainment website of Durant, Boardroom.
In an explanation to CNBC, it stated in an explanation that its users can use self-service tools to reset their passwords in the app of the trading platform. According to a spokesman, the platform for the purchase, sale and storage of cryptocurrencies also has a support team Fielding-account recovery inquiries and other inquiries around the clock.