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Adam Weitsman Acquires 229 Meebits NFTs in Record OTC Deal Amid Market Downturn

Adam Weitsman Acquires 229 Meebits NFTs in Record OTC Deal Amid Market Downturn

Published:
2025-11-24 19:13:01
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BTCCSquare news:

Adam Weitsman, a prominent U.S. entrepreneur and crypto investor, has made headlines with the largest-ever Meebits NFT purchase—229 assets acquired in a single OTC transaction. The deal, finalized on January 6, includes rare variants like a Skeleton, Elephant, and the coveted Punk Tee. This bold move defies the broader NFT market slump, where trading volumes have cratered by over 90% from peak levels.

Meebits, a voxel-art project launched by CryptoPunks creator Larva Labs in 2021, has undergone multiple ownership transitions. Weitsman cited the collection as his gateway into Web3, telling reporters the acquisition reflects "conviction in the asset class" despite the ongoing NFT winter. His portfolio already includes high-value assets linked to Yuga Labs, suggesting a strategic accumulation of blue-chip digital collectibles.

|Square

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