Top 10 Celebrities Who Invested in Bitcoin
Last Modified: Nov 14, 2023
Bitcoin attracts a lot of attention from people of different professions and interests. But the community most actively follows the stars of show business, sports, cinema, and their investments in Bitcoin.
Some believe in cryptocurrencies' prospects, some just like to follow modern trends, and some just want to benefit from it. In any case, this post will tell you about the 10 most high-profile investments of celebrities who believed in Bitcoin.
You were probably hoping to see Elon Musk first, but there are reasons for this. Snoop Dogg is one of the first celebrities to become more involved with Bitcoin. Many knew that Snoop Dogg was a fan of his business, Ignition Crypto Casino, and rap, but no one could have thought that Bitcoin would be among this number.
As a result, in 2013, Snoop Dogg published a tweet stating that he would sell his next album for bitcoins. Many thought it was a joke, but everyone was shocked when they saw the price for his new album at 0.3 BTC. For now, this is about $900-1000 for one copy of the album.
Mike Tyson invested in Bitcoin and was also at the start of developing Bitcoin ATMs and e-wallets for crypto transactions. In 2015, the boxer's company installed the first crypto ATMs and launched a mobile trading application with Bitcoin Direct.
Rapper Shawn Corey Carter, known as Jay-Z, owns crypto assets and actively develops the crypto ecosystem. First of all, this is, of course, an investment in Bitcoin.
And using this currency, he and Jack Dorsey invested in a fund that is studying and expanding the capabilities of Bitcoin. At that time, they invested 500 bitcoins, which today is $18,548,000.
"Bitcoin to the moon" was a tweet Lindsey Lohan posted in 2021 to express her position as a celebrity. As you can understand, she believes in this technology and actively invests in Bitcoin. Lindsay Lohan also believes in a financially decentralized world and a younger generation ready for change.
Here comes the younger generation who followed Lindsey Lohan's advice. Well, to be precise, Maisie Williams first asked her fans for advice. The majority said - No! Don't fall for it! What's the result? Ultimately, the actress who played Arya Stark said she did not listen to the majority's opinion and still invested in Bitcoin. And she did it successfully.
The world-famous rapper began investing in cryptocurrency by accident, selling his album for bitcoins in 2014, just like Snoop Dogg. It's worth saying that it was an adventure that worked because the rapper (as he often does) had money problems at that time.
In short, 50 Cent spent more than he could earn. But as a result of such an accident, the 700 bitcoins received then increased significantly in price over several years and were able to return the turnip legend to a normal financial state.
The Microsoft founder makes many charitable donations and is a well-known Bitcoin investor. Moreover, having a background in understanding finance (as he is involved in philanthropy), Bill Gates has often spoken about the usefulness of Bitcoin in payment processing and how it reduces transaction costs.
Gwyneth Paltrow is involved in many business projects, and cryptocurrencies are just one of her areas of interest. The actress became the face of the Abra Bitcoin wallet and was a consultant for this project. Moreover, her articles about cryptocurrencies, Bitcoin, and investments in digital assets are very interesting and reveal the essence of new trends in simple words.
Bass guitarist and co-founder of the rock band Kiss Gene Simmons chose Bitcoin, Dogecoin, and XRP for investment. He enthusiastically talks about his investments on the Internet and actively follows tech driving entertainment technologies. Still, he is a creative legend, and it is essential for him to be aware of all the main trends.
Yes, here is the main celebrity of the Internet and crypto community. The head of SpaceX and Tesla, Elon Musk, said in February 2018 that he does not own bitcoins, with the exception of 0.25 BTC, which a friend once sent him. It turns out he's not really an investor, right? It turns out yes, but as soon as he mentions some kind of coin in his tweets or interviews, the exchange indicators change in a few seconds.
Remember DogeCoin? Initially, it was just a meme cryptocurrency. But after Elon Musk's tweet about this crypto, everything changed. If you look at the statistics on CoinGecko, Bitcoin is in first place, and the legendary meme DogeCoin is in tenth place.
Therefore, if he wants to invest more than 0.25 BTC in Bitcoin, this may have different consequences.