Crypto Exchange Kraken Paid Barstool Sports’ Dave Portnoy Bitcoin (BTC) in Sponsorship Deal

Wearing his “day trader” hat, Portnoy has tried timing trades in the bitcoin market since mid-2020, often getting burned buying high and selling low. Its current price above $60,000 is too high for him. “I’d just hate myself. If I buy it right now – a ton of it – and it goes down, we’ll have a problem in my brain.”