In 2016, Kevin Durant and Rich Kleiman bought Bitcoin for under $650. They lost access soon after — and for nearly 9 years, it sat untouched. Now in 2025, with Bitcoin trading above $117K, Coinbase restored their account. What started as curiosity became one of the wildest “forgotten investments” in sports history. Would you call it luck or foresight?
Intrigued, they decided to try it out. Reports say they bought Bitcoin when it was trading under $650 and stored it on Coinbase. But not long after, the pair hit a wall — they lost access to the account. Forgotten credentials left their coins sitting idle, untouched, and seemingly out of reach.
A Lost Coinbase Account Becomes a Time Capsule
For nearly nine years, that digital wallet became an accidental time capsule of early crypto adoption. Fast forward to 2025: Bitcoin now trades above $117,000. Coinbase recently helped restore Durant’s access, unlocking what might be one of the most remarkable “forgotten investments” in sports history.
From Forgotten Password to Multi-Million Dollar Fortune
On paper, it reads like a once-in-a-lifetime windfall: a few clicks in 2016, a lost password, and today, a return that outpaces almost every other mainstream investment. Yet the real intrigue lies in the bigger questions this story sparks:
- Was it foresight, luck, or simply being in the right place at the right time?
- How many people ignored Bitcoin back then because it seemed too risky or too complicated?
- And as we now face buzzwords like AI, Web3, and tokenized assets, are we overlooking the “next Bitcoin moment”?
Lessons From Durant’s Bitcoin Journey
Kevin Durant’s story is more than a headline about money. It’s a reminder that timing, risk, and patience can shape outcomes in ways no one expects.
Sometimes, the smartest investments aren’t the ones you watch daily — but the ones you nearly forget about.
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