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Dave Portnoy, the founder of Barstool Sports, revealed on Tuesday a $2 million investment in cryptocurrencies, including Bitcoin (CRYPTO: BTC), capitalizing on the ongoing market downturn.

In a video posted on X, Portnoy said he bought nearly $1 million in XRP (CRYPTO: XRP), $750,000 in Bitcoin, and $400,000 in Ethereum (CRYPTO: ETH), totaling more than $2 million, on Monday.

“When there’s blood in the streets, I’m like a Great White Shark,” Portnoy stated.

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Portnoy has been…