Bitcoin and altcoins are no longer anything extraordinary for technologists and venture investors from California. In addition to the tops from the Forbes list and progressive startups, the show business and sports stars have been actively interested in cryptocurrency in recent years.
Today we will tell you how Madonna, Mike Tyson, Steven Seagal, and many other celebrities have invested in cryptocurrencies or promoted them. Let’s get started!
Snoop Dogg
I believe in it. I believe in the technology, and I believe in the global connection it creates. I’m not too caught up in the value of the coin because I’ve been around long enough to see things go up and go down, and I know it’s here to stay.
The rapper began selling his music for bitcoins long before it became mainstream — back in 2012. At that time, one album cost 0.3 BTC — about $19K at the current exchange rate. The musician never officially disclosed how many albums he sold then and how many bitcoins he has now. However, he continues to speak out again and again in support of BTC with the same enthusiasm as Elon Musk supports dogecoins.
In addition, in 2017, Dogg became an investor in online broker Robinhood, infamous for the Gamestop scandal and subsequent litigation with regulators. Jared Leto and Mark Andersen became co-investors.
Finally, in 2018, Snoop Dogg was one of the headliners at the XRP Community Night crypto party.
Kanye West
Bitcoiners are guys that really have a perspective on what the true liberation of America and humanity will be.
Kanye West is another rapper among Bitcoin fans. He first campaigned for cryptocurrency while recording a podcast with Joe Rogan, a famous American sports commentator, comedian, actor, and TV presenter. West even called BTC holders America’s new hope. True, he did not disclose how much cryptocurrency he had.
Madonna
The singer is doing charity work with the help of cryptocurrencies. Back in 2006, she founded the Raising Malawi Foundation, which helps orphans in the East African country. And on the eve of her 60th birthday in 2018, she entered into a partnership with Ripple to raise funds.
Skeptics asked the CEO of Ripple if the company paid Madonna for promotion. He invariably replied that the superstar supported them solely for ideological reasons. He also added:
We’re honored to be a part of Raising Malawi’s amazing work with some of the world’s most underserved children and are grateful to our investors at Sound Ventures for making the introduction to us and this important cause.
50 Cent
Here the data is contradictory. Some media reported that the musician accepted 700 BTC as payment for his Animal Ambition album in 2014. He, in turn, vehemently denied that he ever owned a cryptocurrency.
Gwyneth Paltrow
If you’re like us, chances are you hear the word ‘Bitcoin,’ and your eyes glaze over a little, and you find you’re not as out of the game as you thought.
The actress began by becoming the face and advisor of the Abra BTC wallet in 2017. Soon she started to publish educational posts about cryptocurrency on her Instagram.
Steven Seagal
The Hollywood actor, who received Russian citizenship in 2016, once got into bad trouble with digital assets. In 2020, the US Securities Commission fined a Russian citizen for illegally advertising a BTC rival cryptocurrency. Seagal had to pay a $314,000 fine.
Paris Hilton
Yes. I’m very, very excited about Bitcoin as well. It’s definitely the future.
Here is another celebrity story with a bad outcome. In 2017, Paris tweeted that she was looking forward to the ICO of venture blockchain company Lydian and encouraged her followers to invest in the new cryptocurrency. The initial coin offering never occurred, but the CEO of Lydian was soon sued for domestic violence. However, Paris had deleted the compromising tweet by that time.
But still, Paris is excited about BTC and NFTs and confirms that she is a long-term Bitcoin investor.
Lionel Messi
Cryptocurrency is alien to football players. So, one of the greatest football players, Argentinian Lionel Messi, did not become famous for investing in cryptocurrencies but became the Sirin Labs blockchain startup ambassador. After he told about this to ninety million of his followers on Instagram and Facebook, Google recorded that people started to search the word blockchain more often.
Mike Tyson
In no way do I profess to be any kind of Bitcoin currency guru. It just seems very interesting, and I’m intrigued with the possibilities.
The king of boxing was also one of the pioneers of the Bitcoin movement. Back in 2015, he became a partner of a cryptocurrency ATM manufacturer. The collaboration led to the release of ATMs, which were decorated with a tattoo on Tyson’s face.
Serena Williams
Earning and owning Bitcoin is a step towards financial inclusivity for all people.
At first, the famous tennis player kept her investments in cryptocurrencies private. But in April 2019, she made an Instagram post about the Serena Ventures fund she had created five years earlier.
It turns out that Serena has regularly invested millions of dollars in various projects, including the leading crypto exchange Coinbase. The official website of the tennis player’s fund indicates that the total capitalization of her portfolio exceeds $12 billion.
Conclusion
Today, we have considered the top 10 show business and sports stars invested in cryptocurrency. Of course, there are still many more of them!
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What other celebrities invested in crypto do you know? Feel free to share your knowledge in the comments!
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