Barstool's Portnoy plans to hold bitcoin down to zero after timing it wrong every time

Barstool Sports founder Dave Portnoy said he plans to hold bitcoin “down to zero” after buying near $100,000 and suffering “millions of losses.” He told FOX Business’ Stuart Varney that he won’t sell because “every time I sell it, it goes nuclear,” according to CoinDesk, adding that “every time I buy it, it tanks.” CoinDesk data show BTC peaked above $126,000 in October last year and has since fallen to $63,000. Portnoy also said at Consensus 2025 that the memecoin scene is ultimately unsustainable.