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In early 2026, the billionaire scrap-metal entrepreneur Adam Weitsman remains one of the most prominent high-value collectors and investors seeding in the non-fungible token market, focusing heavily on long-term metaverse assets. In yet another bullish move, the scrap metal mogul has acquired a rare non-fungible token collection from the digital asset incubation studio Hifo Labs.
Billionaire Adam Buys Another Rare NFT
In a January 26 blog post, Billionaire Adam Weitsman confirmed he has purchased a Nakamigos NFT collection. NFT investor ‘Adam Weitsman’ bought Nakamigos #3648 from Hifo Labs in a private transaction. HiFo Labs is an anonymous digital asset incubation studio recognized for creating the Nakamigos NFT collection. Nakamigos is a renowned non-fungible token collection, featuring a limited edition 20,000-piece NFT collection on the Ethereum blockchain. It features 24×24 pixel art characters reminiscent of CryptoPunks.
Nakamigos is characterized in the global NFT market by its large-scale generative art, focusing on creating a wide, accessible community of “crypto investors” with in-game and commercial usage rights. In addition to the Nakamigos NFT collection, HiFo Labs has developed other NFT projects, such as CLOAKS and Crypto Trading Card. While remarking about his recent acquisition, Billionaire Adam Weitsman noted:
“Was important for me to find a special one to show support for this legendary collection and amazing community. My #1 goal in this space is to bring together every single project founder/leader to build strong, cohesive unity like never before. This, in my humble opinion, is the way we can bring NFT Art to a whole new level of appreciation to the entire world.”
Billionaire Adam Weitsman is a renowned industrialist, entrepreneur, investor, philanthropist, and crypto investor. Most recent estimates from his business and entertainment finance outlets place Adam Weitsman’s net worth at about $1.2 billion to $1.5 billion, with some outliers reporting lower or higher figures. Adam serves as CEO of “Weitsman Recycling,” which has become the largest privately held scrap metal recycling company on the East Coast.
Billionaire Adam Weistman’s Recent NFT Acquisitions
Throughout 2025 to January 2026, Mr. Adam Weitsman executed several massive over-the-counter (OTC) transactions to consolidate his holdings in the NFT market. In August 2025, Weitsman acquired over 5,000 NFTs, including Otherdeeds, Mega Kodas, and Weapon Kodas, directly from Yuga Labs. This deal reportedly represented nearly half of Yuga Labs’ remaining Otherside NFT inventory.
In late 2025, Mr Adam completed the largest-known single purchase of the Meebits collection, acquiring 229 Meebits in a private transaction. He is also actively managing the HV-MTL NFT project’s intellectual property. Last week, the billionaire Adam acquired a rare Fire Ghost NFT from the digital asset incubation studio Ghost Labs. The previous week, Adam purchased 100 Quirkies in a private transaction.
Unlike many traders in the NFT space, Adam Weitsman has not been purchasing NFT collections for profit. In the past pressers, Weitsman emphasized that his acquisitions are about “legacy, not liquidity,” prioritizing the preservation of digital culture over short-term financial gains. “My #1 goal in this space is to bring each and every single project founder/leader together to build strong, cohesive unity like never before. I collect because I love the art, the people, and the history being made. For me, collecting is about legacy, not liquidity,” Billionaire Adam added.
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