The general manager of the Houston Rockets pro basketball team, Daryl Morey, disclosed that he recently increased his Bitcoin holdings.
Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC).
On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan Creek Digital Assets co-founder Anthony Pompliano, who said that Bitcoin allows investors to avoid the chaos of global markets.
Indeed, some commentators have suggested that Bitcoin’s price can serve as an indicator of geopolitical turmoil and serve as a safe haven asset for individuals in economically or politically turbulent situations.
Pompliano wrote that Morey should now be added to the long list of celebrities, athletes and musicians that are pro-Bitcoin.
Bitcoiners in professional sports
As Cointelegraph Brasil reported earlier this month, Russel Okung, an NFL player for the Los Angeles Chargers, is promoting a series of local encounters meant to educate people on how Bitcoin works. Last week he tweeted that he may give away Chargers tickets to people coming to the “Bitcoin is_” conference in Los Angeles.
As Cointelegraph recently reported, the Dallas Mavericks have become the second NBA team to accept Bitcoin as a means of payment for match tickets and merchandise. Introducing cryptocurrency payment options purportedly became a priority for the team when the team owner, billionaire tech investor Mark Cuban, hinted at adding crypto payments last year.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.