The largest shareholder of DraftKings dropped nearly $12 million on a non-fungible token (NFT), a piece of digital artwork called a “CryptoPunk” on Thursday, according to auction house Sotheby’s.
Shalom Meckenzie, an Israeli entrepreneur and the largest shareholder of digital sports betting company DraftKings won the bidding war for “CryptoPunk #7523” and purchased the crypto artwork for the hefty sum of $11,754,000, Reuters reported.

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