Woofun AI reports that Barstool Sports founder Dave Portnoy declared on Fox Business he will not sell his Bitcoin holdings even if the asset reaches zero. Portnoy admitted to purchasing near the $100,000 level and currently facing multi-million dollar losses, stating he intends to "go down with the ship" rather than repeat previous timing mistakes.

The disclosure follows a history of controversial crypto activities, including a 99% crash of his GREED token in February 2025 after he sold 35.79% of the supply, making a profit of around $258,000. Portnoy also faced backlash for considering a "rug pull" and was involved in the LIBRA token collapse and a SafeMoon lawsuit.