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International celebrities are among the most notable Bitcoin (BTC) investors
Tech giant Tesla in a recent report revealed it has sold the majority of its bitcoin: “We have converted approximately 75% of our Bitcoin purchases into fiat currency. Conversions in Q2 added US$936M of cash to our balance sheet.” In a subsequent earnings call, Elon Musk explained the sell-off was related to ongoing COVID lockdowns in China, the world’s biggest car market and also where many Tesla vehicles are manufactured. “The reason we sold a bunch of our bitcoin holdings is we were uncertain as to when the covid lockdowns in China would alleviate, so it was important for us to maximize our cash position given the uncertainty,” Elon Musk said. “We are certainly open to increasing our BTC holdings in the future, so this should not be taken as some verdict of bitcoin.” But is it stopping others from buying or holding onto Bitcoin? Well, no, this article features top 10 celebs like Mike Tyson and Snoop Dogg those who are still holding onto Bitcoin even after Tesla sold 75% of its holdings.
Mike Tyson, a famous professional boxer and social media celebrity, was one of the first celebrities to recognize the potential of Bitcoin. He was pleased to be a part of the digital revolution, collaborating with Bitcoin ATM makers and having his face tattooed on the machines. Not to mention “Iron Mike’s” collaboration with Bitcoin Direct to offer a BTC mobile wallet.
Maisie Williams, who plays Daenerys Targaryen on Game of Thrones, joined the Bitcoin ride in November 2020 after asking her Twitter followers for guidance on how to acquire bitcoin. Even though the bulk of the answers advised her not to, she went ahead and did it anyway.
Mark Cuban, the billionaire shark, and owner of the Dallas Mavericks appear to have a sweet-sour relationship with Bitcoin. He advised people to put at least 10% of their portfolio into Bitcoin at one point but then indicated that he would rather have bananas than Bitcoin. He subsequently explained, though, that he had held numerous different cryptos from Coinbase’s early days.
Snoop’s bitcoin journey began in 2012 when bitcoin was still in its infancy. With BTC, he made his songs available for purchase. Each poster album costs 0.3 bitcoins or around $14,000 at the current value of bitcoin. He hasn’t said how many CDs he has sold, as well as how much BTC he has is unknown.
The actor and aikido martial arts instructor has become a well-known figure in the cryptocurrency world, although his exact Bitcoin holdings are unclear. In 2020, he was charged for “unlawfully promoting” a BTC rival by the US Securities and Exchange Commission, and he promised to pay a $314,000 punishment.
Kanye West stated that bitcoin represents “America’s ultimate emancipation,” expressing his support for the most renowned cryptocurrency. However, the amount of bitcoin owned by the American rapper is unknown.
Floyd Mayweather Jr.
Among some of the top celebrities who hold bitcoin is the well-known professional boxer. He tweeted in 2017 that he was squandering his bitcoin fortune in Beverly Hills. The SEC penalized him and DJ Khaled in 2018 for promoting an unlawful initial coin offering (ICO).
Lionel Messi is widely regarded as one of the best players of all time, if not the greatest of all time. Since he arrived in Barcelona in 2003, Messi has regularly generated magic on the field with goals, dribbles, and talents. Furthermore, Messi is well-versed in blockchain technology. Sirin Labs, a blockchain-based secure mobile and all-in-one PC named the Argentinian Superstar as a worldwide brand ambassador. Messi is among the most well-known figures on the planet. He has a sizable following. He is a hero to many people all around the world, therefore he expressed his enthusiasm for blockchain after his Instagram post. After that, many individuals had a different perspectives on blockchain technology.
Richard Branson is the owner of the Virgin Group and a British businessman. Branson participated in a $30 million financing round led by BitPay, a Bitcoin payment processing network, in 2014. He did not reveal his position or the amount of Bitcoin he holds, but he did say that he is aware of the “possible advantages of actual Bitcoin advances.”
Ashton Kutcher, a well-known Hollywood actor, is a significant tech investor and supporter of blockchain technology. Many people look up to Kutcher as a role model, and his engagement with Bitcoin is beneficial to the business. “I think bitcoins are definitely becoming more and more pertinent,” he remarked in a CNBC interview in 2013.