Dave Portnoy Buys $1 Million in XRP: Crypto Investments Surge

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author: CryptoNews

date: November 18, 2025

1 min. read

Dave Portnoy, the founder of Barstool Sports, has once again made headlines in the cryptocurrency world with a significant investment in XRP. According to UToday, Portnoy recently purchased $1 million worth of XRP, adding to his already substantial crypto portfolio. This latest acquisition signals continued confidence in XRP and the broader digital asset market. Beyond XRP, Portnoy's crypto holdings also include $400,000 in Ethereum (ETH) and $750,000 in Bitcoin (BTC). As of December 2024, he publicly stated holding $1.3 million in XRP and $1.5 million in BTC. His crypto investment history includes buying $1 million worth of XRP earlier this year and selling some holdings in July, demonstrating an active trading strategy. This latest XRP purchase reaffirms Portnoy's belief in the long-term potential of cryptocurrency. ```