Bitcoin is the number 1 subject in the global financial industry. Recently, this cryptocurrency managed to break the $50,000 milestone in value and became as valuable as gold, which is a historical achievement. Millions of people have joined the Bitcoin network and many more are joining each day.
Aside from the numerous ordinary people that invest in the cryptocurrency, many celebrities have been vocal about their support towards Bitcoin. With that thought in mind, we decided to provide you with a list of some of the most popular names that are connected to Bitcoin. Let’s check them out.
Most Common Types of Celebrity Investments
While most of the celebrities invest by buying a certain number of Bitcoins, some even invest into trading sites. These sites are platforms that allow people to make money by selling their Bitcoins. But, trading sites are much more than just marketplaces.
They have managed to integrate the latest AI technology into their systems so that they can help traders maximize their profits. How? These AI systems take all the data about Bitcoin from the market and analyze every bit of it. The data is then used to make a prediction on how will Bitcoin fluctuate in the near future.
This is a very powerful tool for the traders as it can help them sell their Bitcoins at the perfect time and maximize their profits. One of the most reputable trading sites that managed to help many people from around the world, celebrities included, make a lot of money is Bitcoin Billionaire. The daily profitability rate at this platform is huge and thousands of people use its services. All you have to do to gain access to these services is register. That process lasts just a minute.
Now, let’s see which celebrities have invested in Bitcoin.
Logic is probably sky-high and swimming in money at the moment. The retired rapper announced that he decided to invest in Bitcoin during the fall of 2020, shortly before Bitcoin’s value started to spike. During that time, Bitcoin was valued at around $10,000. Considering the fact that bitcoin topped $50,000 recently, we’ll let you calculate how much money Logic managed to net.
Whenever there’s money and celebrities involved into a conversation, you know that Floyd Mayweather is included. The retired boxer has publicly stated that he is very fond of cryptocurrencies. He has invested in Bitcoin, but there aren’t many details that he uncovered.
50 Cent is known for being rebellious, but his entrepreneurship skills are off the charts. Throughout the years, he’s had numerous successful business ventures. In 2014, he stated that he will accept Bitcoin as a payment method for his album Animal Ambition. Many people have purchased the album with the cryptocurrency, but it is unclear how big of a profit he managed to make.
Elon Musk has always been a vocal supporter of everything that is innovative. That is why this man managed to revolutionize payment methods, and make travelling to space look easy with SpaceX. Most recently, his company Tesla invested into Bitcoin and Elon labelled this step as very innovative. We’ll talk about the Tesla investment in the last chapter of this article.
What About Global Brands?
Many global brands are connected with Bitcoin and have accepted it as a payment method. Some of the brands that deserve a mention are AT&T, Wikipedia, Microsoft, Starbucks, and Whole Foods. Recently, even Tesla ventured into this business and invested over $1.5 billion and stated that they will accept it as a payment method.
The interesting thing about the Tesla involvement is that the company managed to make a $1 billion profit a week after they announced that they will invest in Bitcoin.