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Stock impact report

NBA Star Kevin Durant Recovers Bitcoin From Coinbase Account [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
over misplaced login details and restoring control of Bitcoin bought nearly a decade ago. The Houston Rockets forward, who begins his 18th NBA season this year, successfully reset his account with help from Coinbase support tools, CEO Brian Armstrong confirmed on X. The issue dated back to 2016, when Durant and his agent Rich Kleiman first bought Bitcoin after attending a birthday party hosted by venture capitalist Ben Horowitz. Kleiman recounted the story at CNBC's Game Plan conference in Los Angeles this week. “I just heard the word ‘Bitcoin' 25 times this evening, and the next day, we started investing in Bitcoin,” Kleiman recalled at the event. He did not disclose how much Bitcoin was bought. With Account Restored, Durant Gains Access to Soaring Bitcoin Holdings Bitcoin was trading at about $600 when Durant first bought in. Today, the price hovers near $117,000. This marks an almost 200-fold jump in value. Because Durant could not access his account for years, those ho Show less Read more
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