Pudgy Penguins gets support as billionaire buys 117 NFTs

Oct 12, 2026

American billionaire and NFT collector Adam Weitsman has announced the purchase of 117 Pudgy Penguins NFTs over the October 10–11 weekend, saying the acquisition was intended to support the collection and restore confidence among its community during a difficult period.

According to Weitsman, who announced the purchases on X, the 117 digital collectibles were acquired through blockchain transactions as part of his continued support for established NFT projects. He described Pudgy Penguins as one of his favorite collections and expressed confidence in its community despite recent difficulties.

Billionaire Adam Weitsman buys 117 Pudgy Penguins NFTs

Weitsman, an American businessman known for his metal recycling operations and digital collectibles, said he purchased 117 Pudgy Penguins NFTs to demonstrate support for a community he has followed for some time. The acquisition was announced on October 12, following a weekend of buying activity.

In his original statement, Weitsman explained that he wanted to support one of his favorite collections during a challenging period. He described the project as a long-established part of the NFT industry and credited it with bringing enjoyment to its supporters. The investor wrote: “This weekend I wanted to support one of my favorite collections during a difficult time.”

He added that the decision was intended to “spread confidence” among the project’s supporters. Referring to the Pudgy Penguins community, which commonly calls itself the Huddle, Weitsman said: “The Huddle will stay strong.” His message ended with the phrase “Return to Pudgy Penguins,” encouraging renewed attention toward the collection.

Pudgy Penguins NFT sales jump 125% in one week

The acquisition came after a strong increase in reported trading activity for the Pudgy Penguins collection.

According to CryptoSlam figures examined on October 10, Pudgy Penguins generated approximately $1.50 million in NFT sales during the preceding seven days. The result represented an increase of 125.66% compared with the previous weekly period.

As covered in the latest NFT market sales report, Pudgy Penguins ranked third among NFT collections by weekly sales, behind Courtyard and CryptoPunks. The collection recorded 196 transactions, an increase of 151.28%, while buyer addresses rose 54.10% to 94.

Weitsman previously acquired over 5,000 Yuga Labs NFTs

The purchase follows another large NFT acquisition by Weitsman in August 2025, when he announced buying more than 5,000 digital collectibles associated with Yuga Labs.

The earlier transaction involved assets from the Otherside ecosystem, including Otherdeeds, Mega Kodas and Weapon Kodas. The collectibles were acquired directly from Yuga Labs as part of his stated intention to support the company’s metaverse project.

Weitsman described the August transaction as a long-term investment and expressed interest in further purchases through the secondary NFT market. The acquisition expanded his collection of blockchain-based assets connected to virtual land, characters and digital gaming experiences.

Pudgy Penguins continues expanding beyond NFT trading

While its original Ethereum collection remains a central part of the brand, Pudgy Penguins has expanded into consumer products and entertainment. The company introduced physical toys, collectible figures, trading cards and digital experiences designed around its penguin characters.

In June 2026, Pudgy Penguins brought its Vibes trading card products to Target stores across the United States. The cards feature characters associated with Pudgy Penguins and related collections, with gameplay built around collecting and trading.

The Target trading card rollout followed earlier efforts to make the project’s characters available to customers outside cryptocurrency marketplaces.

An official July business update described further retail activity involving plush toys, collectibles and licensing partnerships. Pudgy Penguins said its products were available through Target stores and reported launches tied to San Diego Comic-Con and a collaboration with collectible card company KAKAWOW.

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