Many people didn’t take the concept of cryptocurrency seriously when it was at inception. They found it difficult to understand thus were apprehensive about investing in them. It was a reserve for developers, engineers, entrepreneurs, and the dark web back then. However, millions bought crypto shares after the 2017 Bitcoin bubble that caused cryptocurrency values to soar.
Below is a list of 10 celebrities involved in cryptocurrency business ventures and more.
1. Snoop Dogg
Snoop Dog started selling his music using BTC as early as 2012. Back then, an album was trading at 0.3 BTC, which is approximately equivalent to $14,000 today. It is not clear how much Bitcoin he owns today.
2. Jack Dorsey
Jack Dorsey, the Twitter and Square CEO is a passionate Bitcoin enthusiast. His passion dates to 2017, when he began advocating for the king coin. Dorsey runs his Bitcoin node, and his company Square purchased 4709 Bitcoins in 2020. He spends several thousand dollars on buying Bitcoin each week.
3. Hugh Laurie
Hugh Laurie is a British actor well known for his part in Gregory House M.D. a friend suggested Bitcoin to him in 2015 when its value had started to skyrocket. He invested a value of $5,000 in BTC.
4. Ashton Kutcher
The owner of A-Grade, Ashton Kutcher and billionaire Mark Cuban has invested in UnikoinGold. The currency is used for betting on Dota 2 and League of Legends. The actor had also invested in BitPay, Airbnb, and Uber before.
5. Elon Musk
Elon Musk was initially publicly sceptical about cryptocurrency, but he, later on, changed his stance to become one of the most influential individuals in the community. He caused th BTC price to skyrocket in 2021 when he added #Bitcoin on his Twitter account. His company, Tesla, purchased BTC worth $1.5 billion, equal to 7.7% of its overall cash position. He owns only 0.25 BTC gifted to him by a friend.
6. Richard Branson
The founder of Virgon Group, Richard Branson, is part of Bitpay, a funding round platform worth about $30 million for Bitcoin payments processing. It is unclear how much BTC he is worth, but he recognizes the potential benefits of Bitcoin developments.
7. Mark Cuban
Mark Cuban, the owner of Dallas Mavericks, has a mixed relationship with Bitcoin. He advises people to buy Bitcoins but says he wouldn’t invest a large amount of money there. The billionaire has well over $600 BTC holdings and has had other cryptos from the early days of Coinbase. His basketball team accepts BTC payment.
8. Floyd Mayweather Jr.
Mayweather is another celebrity who owns Bitcoin. He tweeted in 2017 that he was spending his Bitcoin in Beverly Hills. He has also had a lawsuit for an unlawful initial coin offering (ICO) alongside DJ Khaled.
9. Steven Seagal
Steven Seagal is a familiar face in the world of cryptocurrency. It is unclear how much he is worth in BTC, but he has been linked to some shady crypto assets. He was involved in a civil case for unlawfully touting a BTC opponent and agreed to pay $314 as a fine.
10. Kanye West
Kanye West is an avid supporter of Bitcoin, and he terms it as a true liberation of America. Although it is not clear how much he is worth in BTC, West claims that Bitcoin is the next frontier of humanity,