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Billionaire scrap-metal entrepreneur Adam Weitsman continues increasing his involvement within the non-fungible token house by means of high-volume acquisitions and mental property takeovers. In yet one more bullish transfer, the scrap metallic mogul has acquired a uncommon non-fungible token sequence from the digital asset incubation studio Ghost Labs.
Billionaire Adam Buys Extra NFTs
In a January 21 weblog publish, Billionaire Adam Weitsman confirmed he has purchased a uncommon Hearth Ghost NFT assortment. “The non-fungible token market was fairly brutal right this moment, so I assumed I might assist by supporting one other NFT mission that deserves slightly extra consideration for my part,” Mr Adam wrote. The billionaire investor has purchased 1/1 ‘Hearth Ghost’ NFT from the digital asset incubation studio Ghost Labs.
Market was fairly brutal right this moment so thought I might assist by supporting one other NFT mission that deserves slightly extra consideration for my part. Having a number of enjoyable being part of some actually nice communities just lately like this one. The 1/1 Hearth Ghost of the @GhostLabNFT now… pic.twitter.com/NZYf531VYu
— Adam Weitsman (@AdamWeitsman) January 21, 2026
Billionaire Adam Weitsman is a famend industrialist, entrepreneur, investor, philanthropist, and crypto investor. Most up-to-date estimates from his enterprise and leisure finance shops place Adam Weitsman’s internet price in a broad vary of about $1.2 billion to $1.5 billion, with some outliers reporting decrease or greater figures. Adam serves as CEO of “Weitsman Recycling,” which has develop into the biggest privately held scrap metallic recycling firm on the East Coast.
Scrap Meta mogul Adam Weitsman formally entered the NFT market in early 2023, marked by a high-profile $1.6 million buy. Adam has considerably elevated his NFT holdings by buying 5,000 Otherside NFTs, together with Otherdeeds and Kodas, immediately from Yuga Labs to help their metaverse mission and 229 Meebits in an over-the-counter deal. He’s additionally actively managing the HV-MTL mission’s mental property. Final week, Adam bought 100 Quirkies in a personal transaction.
Billionaire Adam’s Motive for Shopping for NFTs
In contrast to many merchants within the NFT house, Adam Weitsman isn’t motivated by flipping or revenue. He’s by no means bought an NFT in his life, and says he doesn’t consider in promoting and by no means will. Up to now pressers, Weitsman emphasised that his acquisitions are about “legacy, not liquidity,” prioritizing the preservation of digital tradition over short-term monetary good points. “I accumulate as a result of I really like the artwork, the individuals, and the historical past being made. For me, accumulating is about legacy, not liquidity,” He mentioned.
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