Sadly, in a weird twist, Durant and his investing partner and agent Rich Kleiman lost access to the star basketball player’s Coinbase account (where his bitcoin was being stored) and subsequently haven’t been able to generate any revenue by selling or trading it.

NBA star Kevin Durant invested in bitcoin nearly a decade ago, but has been locked out of his Coinbase wallet for years — until now.

Their deficiency in the playoffs was not having a go-to scorer,” a West scout said (via ESPN’s Tim Bontemps). “Now, they have Kevin Durant.”

After an underwhelming tenure with the Phoenix Suns, Durant was traded to Houston in a historic seven-team deal. The two-time NBA champion will join a Rockets team that finished second in the Western Conference last season before being eliminated by the Golden State Warriors in the opening round of the playoffs.

The Houston Rockets appeared on their way to a big 2025-26 campaign after a productive offseason saw them land star forward Kevin Durant.

Recent reports revealed that Kevin Durant has regained access to the Bitcoin he purchased in 2016, which has increased by 18,600%

Kevin Durant was very close to returning to the Golden State Warriors but thanks to his agent Rich Kleiman, the deal got shut down.