A group of cryptocurrency enthusiasts that includes “attorneys, accountants, software developers, pro athletes, and at least one mathematician” wants to buy the Denver Broncos, according to a report from CNBC’s MacKenzie Sigalos.
The group plans to launch a decentralized autonomous organization (DAO) in early March under the name “BuyTheBroncos.” Their goal is to raise $4 billion to purchase the team.
“We know it sounds a bit crazy, but it’s also a bit badass,” Sean O’Brien, one of the groups leaders, told CNBC. “The purpose essentially is to establish an infrastructure so that fans from all walks of life can be owners of the Denver Broncos.”