Hizzoner has given himself a pay cut.
Mayor Eric Adams could be down about $600 — or 3 percent – in his cryptocurrency portfolio, according to a Post analysis.
The cryptocurrency-curious politician promised to put his first three paychecks — after taxes and other deductions — into the two largest cryptocurrencies, Bitcoin and Ethereum.
Adams’ buys were a bid to boost New York’s crypto scene over Miami, whose mayor made a similar promise.
City Hall declined to share the breakdown of his purchases, or say whether has bought or sold any crypto since cashing his first three checks.
But, assuming he split his first three checks evenly between the two coins, and bought at the day’s average price, Adams would be down about $592 as of Saturday morning.
That loss is about 3 percent of his $17,864.40 cash investment — the total if he put his entire first three checks, after taxes but before other deductions — into crypto on Jan. 21, Feb. 4, and Feb. 18. The crypto value would have fallen to $17,271.54.
