X @The Block
The Block·2026-02-07 14:37
RT Zack Abrams (@zackabrams)NEW: Kalshi confirmed to me that Giannis' equity stake is less than 1% of the company. (At its latest $11 billion valuation, a 1% stake is worth $110 million.) Neither the company nor Giannis discloses the exact size of the stake. (More details in article linked below ⬇️)Kalshi also said Giannis' is forbidden from trading on any NBA markets and markets involving him personally. The deal was signed on Thursday, the day of the NBA trade deadline, and one day before Kalshi faced a m ...