Dave Portnoy recently made headlines by earning $1 million from Donald Trump’s newly launched cryptocurrency, the ‘$TRUMP’ coin. He invested approximately $500,000 at $24.80 per share and quickly saw a 200% profit on his investment. Portnoy shared his success on social media, announcing his intention to place his winnings on a significant bet for the Buffalo Bills to win the Super Bowl, where he could potentially earn an additional $5.5 million. His confidence in the team stems from their strong performance, as they prepare to face the Ravens in the divisional round. This bold financial move has attracted attention from both sports and cryptocurrency fans alike.
Dave Portnoy Scores Big with Trump’s Cryptocurrency
Published: January 19, 2025
Barstool Sports founder Dave Portnoy has struck gold with Donald Trump’s newly launched cryptocurrency, making an astonishing $1 million in profit. Portnoy bought the ‘$TRUMP’ coin for $500,000 just after its release, costing him $24.80 per share.
The excitement came early Sunday when Portnoy announced on social media that he had profited by 200% since his purchase. "I just woke up. Checked $TRUMP coin. Sold it. Made a quick milly. Prob gonna put it on the Bills tonight. I love Trump’s America!" he shared.
Not only did he cash in on the cryptocurrency, but Portnoy wasted no time in placing a bet on the Buffalo Bills to clinch a Super Bowl victory with impressive odds of +550. This could potentially turn his profit into $5.5 million if the Bills succeed.
Portnoy emphasized his confidence in the team, suggesting they’re "f***ing due" for a championship title as they prepare for a crucial game against the Ravens in the divisional round. Meanwhile, the Chiefs are also eyeing a spot in the AFC Championship, adding more intensity to the playoffs.
Trump’s ‘$TRUMP’ coin was unveiled on Friday as he gears up for his second inauguration. Promoting the coin, Trump invited his followers to join the ‘Trump Community’ and get in on the fun. Portnoy’s sudden profits and bold bets keep fans engaged as the NFL’s postseason heats up.
In other NFL news, Portnoy voiced his frustrations over officiating during the Chiefs-Texans game, alleging "cheating" by the referees. As the NFL playoffs continue, Portnoy’s bold moves and outspoken nature keep him in the spotlight.
Keywords: Dave Portnoy, cryptocurrency, Donald Trump, Buffalo Bills
Secondary Keywords: Super Bowl, $TRUMP coin, NFL playoffs
FAQ about Dave Portnoy’s $1 Million with Donald Trump’s Cryptocurrency and Betting on Bills
What happened with Dave Portnoy and Donald Trump’s cryptocurrency?
Dave Portnoy made headlines by making $1 million from a cryptocurrency linked to Donald Trump. This move has caught attention because of the blend of sports, business, and politics.
How did Dave Portnoy earn that money?
Portnoy invested in the cryptocurrency right after its launch. The value of the cryptocurrency went up quickly, which helped him make a significant profit.
What are Dave Portnoy’s plans for betting on the Bills?
Dave Portnoy is planning to place a large bet on the Buffalo Bills. He’s known for his risky bets and high stakes, and he thinks the Bills have a good chance of winning.
How does this tie into Portnoy’s brand?
Dave Portnoy has built a brand around sports betting and humorous commentary. This big move with cryptocurrency and betting adds to his image as a bold and adventurous personality in the sports world.
Is this a wise investment or bet?
While many people are excited about Portnoy’s investment in Trump’s cryptocurrency and his upcoming bet, such moves can be risky. It’s always important to research and understand what you’re getting into before investing or betting.
