It seems like cryptocurrency is everywhere right now. Until recently, crypto was only understood by developers and engineers but now big institutions, governments, and even celebrities have taken an interest in the digital currency.
Bitcoin is the world’s first cryptocurrency. Invented in 2008 and launched in 2009, Bitcoin is a currency backed by cryptography and each of its transactions is visible on a public ledger called a blockchain.
The price of Bitcoin has risen and fallen in value over the years. It reached its all-time high of $69,000 USD in November 2021. BTC is currently trading at around $20,000 USD and has been hovering around this number for quite some time.
Many buy Bitcoin as a form of investment, as it is proving to be a solid store of value comparable to gold. Others buy it to exchange it for different cryptocurrencies known as altcoins. More and more businesses are accepting BTC as a form of payment – for instance, it’s possible to gamble with Bitcoin on SlotsLV.
With that said, buying Bitcoin has been quite a rollercoaster for investors. It isn’t a surprise that famous personalities have wanted in on the crypto action. There are plenty of celebrities who have openly admitted to investing in Bitcoin, while others have hinted that they may have some cryptocurrency in their wallets.
Here’s a quick rundown of the famous faces we have reason to believe are holding some BTC.
Snoop Dogg
Snoop Dogg has expressed interest in crypto since the beginning. The American rapper made his reggae album Reincarnated available for purchase in BTC at its release back in 2013. The albums were on sale for 0.3 BTC.
It is unclear how many albums Snoop Dogg sold in Bitcoin or whether he held onto his Bitcoin profits or exchanged them. Nevertheless, the rapper has been vocal about his support of crypto and the NFT space.
Mark Cuban
Shark Tank star Mark Cuban has been for and against Bitcoin over the years. He has claimed that he has owned Bitcoin since the early days of Coinbase. He encouraged everyone to “go buy everything in Bitcoin,” on Anthony Pompiliano’s podcast. At another time, he said he’d rather own bananas than Bitcoin.
The Dallas Mavericks owner has been accepting Bitcoin payments for tickets to see the basketball team play since 2019 through BitPay.
Jack Dorsey
Jack Dorsey, the co-founder and former CEO of Twitter, is a Bitcoin investor and advocate of cryptocurrency. His payment company Square bought over 4,000 BTC in 2020.
In March 2019, it was reported he was spending thousands of dollars each week buying BTC. The ex-Twitter boss also runs his own Bitcoin node to mine Bitcoin.
Gwyneth Paltrow
Actor Gwyneth Paltrow is most well-known these days for her multiple business ventures with her lifestyle website “Goop” being amongst the most famous for its dubious health advice.
The actress was the face of crypto wallet Abra back in 2017 and is known to be an advocate of crypto. There is even an article featured on her website called “The Basics of Bitcoin and Cryptocurrency–and How to Invest”.
Maisie Williams
The Game of Thrones actor, who played Arya Stark, bought some Bitcoin back in 2020. Before Maisie Williams bought the BTC, she asked her 2.7 million Twitter followers where she should “go long on Bitcoin”.
Many of her followers advised that she should definitely invest in the asset. She tweeted later that she had bought some BTC.
Floyd Mayweather Jr.
The professional boxer is one of the most famous cryptocurrency holders. In 2017, he tweeted that he was in Beverly Hills spending his Bitcoin fortune. He said fans could call him Floyd “Crypto” Mayweather.
In 2018, the boxer was fined for promoting an unlawful initial coin offering (ICO) of a crypto project.
Kanye West
Kanye West is a well-known supporter of crypto. While appearing on Joe Rogan’s podcast the singer said Bitcoiners “are the true liberation of America.” It remains unclear how much the singer is actually holding, it’s likely Kanye has some BTC.
Ashton Kutcher
Renowned Hollywood actor Ashton Kutcher is a huge supporter and investor in blockchain technology. “I think bitcoins are obviously becoming more and more relevant,” Ashton Kutcher said at the TechCrunch Disrupt conference back in 2013, reported CNBC.
Conclusion
There are many more celebrities we could have mentioned here. Some more honorable mentions include Richard Branson, Mike Tyson, and Steven Seagal.
With Bitcoin’s fame, it’s no surprise that so many celebrities want in on the crypto action. It’s very easy to speculate on who owns cryptocurrency but we’re sure it’s more than we think.
We can see that Bitcoin holds a lot of value for many people and without a doubt there will be many more celebs buying Bitcoin in the future.
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