Cryptos, in which the important names of the crypto money industry have invested, have always been a matter of curiosity by investors.
At this point, some names explain their crypto portfolio, while others prefer to hide it.
Finally, one of the people who announced his crypto portfolio was Pavel Durov, the founder of the popular messaging platform Telegram.
Sharing his portfolio on Telegram, Durov said that he only has Bitcoin and Toncoin (TON).
Durov also announced that he is reinvesting in the company, noting that Durov has purchased a quarter of the newly issued $270 million Telegram bond.
“Some people have suggested that I buy a house or a jet instead of these investments. But I prefer to focus on my business without owning anything but Telegram, some Bitcoin and some Toncoin.”
In his previous statements, the Telegram founder said that he bought 2,000 BTC for $ 1.5 million 10 years ago. These BTCs are worth about $60 million at current price.
After Pavel Durov's statements, Toncoin rose from $1.32 to $1.43, gaining around 8%.
Then there was a pullback in the TON price. TON continues to trade at $1.36 at the time of writing.
*Not investment advice.