Top 10 American Celebrities Who Own Bitcoin
Do you know which famous people have Bitcoin? We do! Do any of the items on our list surprise you?
It’s reasonable to say that in its early years, Bitcoin, the first cryptocurrency in history, had very no “cool factor,” with the public’s perception of it being a dubious new technology favored only by computer nerds and criminals operating on the Dark Web.
Very few people were aware of its existence, and the majority of them simply disregarded it as a pointless digital trend like 3D TVs or a passing online money.
Recently, the price of bitcoin surpassed $49,000, making thousands of early adopters millionaires and enraging those who missed out. Bitcoin is cool in 2022 as mass acceptance nears—We hear about cryptocurrency from a variety of celebrities around the world, not just techies.
International celebrities will be among the most well-known Bitcoin investors in 2021. The top 10 celebrities who possess Bitcoin are listed below. Be aware that some celebrities would rather openly support BTC-related companies than reveal the exact amount of Bitcoin they own.
Due to his rockstar scientist persona and his over 46 million followers, Elon Musk is perhaps the most influential person in the Bitcoin community despite his initial public skepticism of cryptocurrencies. When he added “#Bitcoin” to his Twitter bio in January 2021, everything went to hell and BTC’s price increased by 25%.
Musk, who for a brief while in January 2021 temporarily surpassed Bill Gates in wealth, earlier praised Bitcoin’s architecture as “amazing” and has more recently made his support for the virtual currency known. The purchase of $1.5 billion in BTC, which accounts for 15% of Tesla’s net cash position and 7.7% of its gross cash position, was also reported by his firm, Tesla.
The CEO of Twitter and Square, Jack Dorsey, is an avid Bitcoin investor. His love for Bitcoin began in 2017, when he first began promoting the king coin. Despite the fact that the cryptocurrency market fell in 2018, Dorsey remained undeterred and declared Bitcoin to be the future global currency.
Dorsey claimed to spend several thousand dollars a week on Bitcoin in March 2019.
In addition to his own BTC holdings, Square, Dorsey’s payment startup, purchased 4,709 Bitcoins in October 2020, probably on his orders. In order to mine and validate transactions on the Bitcoin blockchain, Dorsey also manages his own Bitcoin node.
3. Mike Tyson
Mike Tyson, a well-known professional boxer and social media personality, recognized the potential of Bitcoin before most other celebrities, announcing his support for it in 2015 and that he is “grateful” to be a part of the change. He collaborated with Bitcoin ATM producers in the same year, resulting in the tattoo of his face on BTC ATMs. To launch a mobile BTC wallet, “Iron Mike” also worked with Bitcoin Direct.
In November 2020, Maisie Williams, a Game of Thrones actress, joined the Bitcoin bandwagon. More than 900,000 people responded to her tweet asking for advice on whether to “go long on Bitcoin,” with more than half of them advising her against doing so.
Thankfully, it seemed that she had already made up her mind when she said, “Thank you for the advice, I got some anyway.” Smart move, considering the cost has since more than tripled!
Dallas Mavericks owner and billionaire shark tank contestant Mark Cuban, whose estimated net worth is $4.2 billion, seems to have a love-hate relationship with Bitcoin. He once recommended investors to own Bitcoin for at least 10% of their portfolios before subsequently confessing that he’d rather own bananas than BTC.
He reported his BTC holdings in April 2020, which were only worth a meager $130 (about $635 now). He later emphasized, though, that he had held a variety of other cryptocurrencies since Coinbase’s inception.
On the podcast of Anthony Pompliano, Cuban urged listeners to “go buy everything in Bitcoin.”
He acknowledged, however, that the only circumstance under which he would put a significant sum of cash into Bitcoin.The virtual money will be able to be used without first being converted to cash.The television personality and business tycoon also owns the NBA franchise Dallas Mavericks, which started accepting Bitcoin through BitPay in 2019.
In 2012, while Bitcoin was still in its infancy, the American rapper was ahead of the curve and offered his music for sale using BTC. Each record had a price tag of 0.3 BTC, which, given the current price of bitcoin, is almost $14,000.
However, it is unknown how many records he has sold or how much bitcoin he currently has. He however continues to support the cryptocurrency industry and has expressed a similar affinity for Dogecoin as Elon Musk.
Seagal has been a familiar face in the cryptocurrency industry, despite the fact that his precise Bitcoin holdings are unknown at the time of writing. Sadly, he has also been connected to dubious cryptocurrency assets. The US SEC accused Seagal of “unlawfully advertising” a BTC competitor in 2020. The martial arts celebrity consented to pay a fine of $314,000.
Kanye West supported the most well-known cryptocurrency while he was a guest on the Joe Rogan podcast, saying that Bitcoiners “represent the genuine freedom of America.” West continued by saying that BTC builds a brand-new route that can lead to “the next frontier of civilization.” It is not yet known how much Bitcoin the American rapper has.
9. Floyd Mayweather Jr.
One of the most prominent celebrities who owns Bitcoin is the well-known professional boxer. He tweeted, for instance, in 2017 that he was squandering his Bitcoin fortune in Beverly Hills. Even better, he said, is for supporters to refer to him as Floyd “Crypto” Mayweather. Unfortunately, the SEC penalized him and DJ Khaled in 2018 for promoting an unauthorized initial coin offering (ICO).
Richard Branson, the creator of the multibillion dollar conglomerate Virgin Group, participated in a $30 million fundraising round for BitPay in 2014. He hasn’t stated his opinion or the number of bitcoins he has, but he once acknowledged the “possible benefits of true bitcoin advancements.”
Gwyneth Paltrow and Donald Glover are two more famous people that possess Bitcoin. In 2018, Gwyneth Paltrow joined the advisory board of Abra, a cryptocurrency wallet and exchange. On the other hand, Childish Gambino, a rapper and actor best known as Donald Glover, praised Bitcoin in 2013 and wisely asked, “If everything’s going to exist online, why not Bitcoins?”
Ben Askren, a retired former UFC fighter, is another outspoken proponent of cryptocurrencies who has a sweet spot for Litecoin. After the Winklevoss twins visited, creator of BarStool Sports and “El Presidente” Dave Portnoy made a highly public investment in Bitcoin, only to lose money when the price fell a week later in September! At this point, he undoubtedly wishes he had HODLed.
With so many well-known people betting on Bitcoin, not to mention significant businesses and institutions, it seems like the revolution is well underway. Bitcoin has worth in the eyes of the most powerful people on the planet, even though it’s unknown when the digital currency will actually be widely used or if and how long it can maintain this price.
The top ten celebrities who possess Bitcoin listed above is by no means an exhaustive list. Numerous other well-known people from all around the world are tweeting, posting, and discussing their opinions on Bitcoin and the cryptocurrency market.