Kevin Durant on Early Coinbase Investment and NBA Career
CNBC TelevisionOctober 5, 20252 min2,865 views
8 connectionsΒ·11 entities in this videoβGame Plan Summit Recap
- π― The Game Plan Summit, a collaboration between CNBC Sport and Boardroom, brought together leaders from sports and business in Santa Monica.
- π NBA champion Kevin Durant discussed building his business empire off the court.
Early Bitcoin Investment
- π‘ Kevin Durant learned about Bitcoin through YouTube seminars and was intrigued by its potential as a futuristic technology.
- π€ He received a "nudge" to invest in Bitcoin around 2014-2015, though an initial business manager advised against it.
- π A year later, after signing with the Warriors, Durant began investing in Bitcoin, influenced by hearing the term frequently at a birthday dinner.
- π° Despite losing the password to his Coinbase account, his Bitcoin investment has been highly successful, with the team viewing the inability to sell as a positive outcome.
NBA and Future Plans
- π The summit also touched upon Durant's trade to the Houston Rockets and his plans for the next Olympic Games.
- π Further coverage of the Game Plan Summit, including Durant's insights, is available on cnbc.com/sport.
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Whatβs Discussed
Kevin DurantGame Plan SummitCNBC SportBoardroomBitcoinCoinbaseCryptocurrencyNBAHouston RocketsOlympic Games
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