Key Takeaways
- Bitcoin is gaining popularity among both the general public and famous figures.
- Many celebrities have publicly supported Bitcoin and blockchain technology through endorsing and investing.
- The more people like Bitcoin and the more money they put into it, the better it might do in the future.
More and more people are starting to like Bitcoin. Even famous people are getting interested in investing in it. They’re putting their money into things related to blockchain and digital money, which shows that Bitcoin is gaining importance and popularity.
In no particular order, these well-known figures have shown their trust in Bitcoin, even though cryptocurrency can be risky.
Elon Musk
The famous entrepreneur and CEO of Tesla and SpaceX is a noted supporter of cryptocurrencies. In February 2021, Tesla made a huge investment in Bitcoin, buying $1.5 billion worth of the cryptocurrency. This helped to drive up Bitcoin prices, leading to a record-breaking rally shortly after. Recently, in October 2024, Tesla sold most of its Bitcoin, worth about $765 million, and moved it to unknown addresses. This made people wonder what Elon Musk’s plans for cryptocurrency are.
Jack Dorsey
The CEO of Square and Co-founder of Twitter has invested in Bitcoin. Square launched a feature that lets users buy and sell Bitcoin on its app. Jack Dorsey also introduced the “Donations” feature on X. This feature allows you to add links to different payment services to your profile. Users can support their account by tapping the Donations icon and sending money or Bitcoin through the linked payment platforms when enabled.
Mark Cuban
Mark Cuban, a billionaire businessman and investor, has shared his thoughts on Bitcoin and how to invest in it. He owns Bitcoin himself and has said that its value could reach $15,000 or fall to zero for a day. Cuban owns the Dallas Mavericks, an NBA team, and is a well-known investor on the TV show Shark Tank.
The Winklevoss Twins
The Winklevoss twins, Cameron and Tyler, have invested in Bitcoin since 2013. They are known as the first Bitcoin billionaires, having invested around $11 million in the cryptocurrency.
The twins are also the founders of Gemini, a cryptocurrency exchange that has helped many people in the United States buy Bitcoin and other digital currencies.
Gwyneth Paltrow
Since 2017, Gwyneth Paltrow has been involved with Abra, a company that helps people manage Bitcoin. She has become a leading figure in the Bitcoin community, educating people about the technology and encouraging more people to invest in Bitcoin.
Snoop Dogg
Snoop Dogg has been involved in cryptocurrency from the very beginning. Since then, he’s invested in many crypto projects, including NFTs and Web3.
Snoop Dogg has used cryptocurrency to sell his music. In the past, he sold his albums for 0.3 $BTC each, which would be worth a lot of money today. Although he hasn’t said how many albums he sold or how much Bitcoin he has, he’s still successful in the Bitcoin community.
Michael Saylor
Michael Saylor, the head of Microstrategy, decided to use Bitcoin as the main asset in their company’s fund. They started by buying Bitcoin worth $425 million, and Saylor himself has said he owns about 17,732 Bitcoins in 2024.
Related Article: All You Need to Know About Michael Saylor | The Bitcoin Bull
Kanye West
Kanye West has strongly supported Bitcoin, even though he remained silent about his Bitcoin holdings. On a podcast with Joe Rogan, he talked about how Bitcoin could change the world and open up new opportunities for all industries. He called Bitcoin the “next frontier of humanity.”
Mike Tyson
The famous boxer Mike Tyson helped create and promote Bitcoin ATMs called “The Mike Tyson Bitcoin ATM.” These ATMs promised to exchange regular money for Bitcoin quickly. They were first installed at a casino in Las Vegas.
Mike Tyson didn’t just stop with the Bitcoin ATM. He worked with Bitcoin Direct to create a Bitcoin wallet for mobile phones. This wallet lets people buy, sell, and store Bitcoin using Glidera’s exchange platform.
Nas
The rapper Nas invested $25 million in Coinbase, a big cryptocurrency exchange in the US. Nas said he plans to keep participating in the blockchain and cryptocurrency network. In an interview, he said investing in Bitcoin is the future.
Richard Branson
Richard Branson, the founder of Virgin Group, invested in BitPay, a company that helps businesses accept Bitcoin payments. While he hasn’t said how much Bitcoin he owns, he has recognized that Bitcoin could have positive benefits.
Lindsay Lohan
Lindsay Lohan, famous for her acting and pop culture influence, has invested in Bitcoin and NFTs. She created her NFTs and sold them, joining other artists doing the same.
This shows that investing in different kinds of digital assets is good. By investing in Bitcoin, Lohan has spread out her investments and adopted all of the blockchain technology.
Final Thoughts
Bitcoin is becoming more popular. Even famous people are starting to like it. They’ve even invested their money in it and things related to blockchain. As more people adopt Bitcoin and use it for transactions and investments, it could become more widely accepted and recognized as a valuable asset.
Check out these related articles.
