Kevin Durant’s business ventures extend far beyond basketball, but one of his earliest crypto investments has become a story of lost access and massive unrealized gains.
According to The Sports Rush, Durant’s manager Rich Kleiman revealed that the All-Star forward purchased bitcoin after attending a dinner hosted by venture capitalist Ben Horowitz during his move to the Bay Area. The pair bought coins through Coinbase, but they never kept track of the account credentials.
Kleiman said the forgotten account has only grown in value over the years. “His bitcoin is just through the roof,” he explained, noting that despite Durant’s partnership with Coinbase, they still cannot retrieve the wallet.
As of today, bitcoin trades at $117,211, meaning Durant’s early investment could now be worth tens of millions. Kleiman added that they are not in a rush to resolve the situation because the asset continues to rise in value.
Durant, who was traded to the Houston Rockets in July as part of the largest seven-team deal in NBA history, has also built a strong business portfolio alongside his playing career. His company, Thirty Five Ventures, has invested in multiple startups, including Coinbase itself.
While the lost bitcoin account highlights the risks of early crypto adoption, it also underlines Durant’s position as one of the NBA’s most financially forward-thinking athletes.
On the court, the 36-year-old forward continues to add to his Hall of Fame résumé. He became the eighth player in league history to surpass 30,000 career points in February 2025 and was selected as a Western Conference starter for the All-Star Game earlier that year.
Even as he enters his 18th NBA season, Durant remains among the league’s most reliable scorers, averaging 26.6 points, 6.0 rebounds, and 4.2 assists in 62 games during the 2024–25 campaign with the Phoenix Suns before the mid-summer trade.
