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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 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 put up, Billionaire Adam Weitsman confirmed he has purchased a uncommon Fireplace Ghost NFT assortment. “The non-fungible token market was fairly brutal at the moment, so I assumed I might assist by supporting one other NFT challenge that deserves slightly extra consideration in my view,” Mr Adam wrote. The billionaire investor has purchased 1/1 ‘Fireplace Ghost’ NFT from the digital asset incubation studio Ghost Labs.
Market was fairly brutal at the moment so thought I might assist by supporting one other NFT challenge that deserves slightly extra consideration in my view. Having plenty of enjoyable being part of some actually nice communities lately like this one. The 1/1 Fireplace 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 value in a broad vary of about $1.2 billion to $1.5 billion, with some outliers reporting decrease or increased figures. Adam serves as CEO of “Weitsman Recycling,” which has turn out to be the most important 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, instantly from Yuga Labs to help their metaverse challenge and 229 Meebits in an over-the-counter deal. He’s additionally actively managing the HV-MTL challenge’s mental property. Final week, Adam bought 100 Quirkies in a non-public transaction.
Billionaire Adam’s Motive for Shopping for NFTs
Not like many merchants within the NFT house, Adam Weitsman isn’t motivated by flipping or revenue. He’s by no means offered an NFT in his life, and says he doesn’t imagine 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 positive aspects. “I accumulate as a result of I like the artwork, the individuals, and the historical past being made. For me, accumulating is about legacy, not liquidity,” He stated.
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