Diamond Member Pelican Press 0 Posted October 5, 2024 Diamond Member Share Posted October 5, 2024 This is the hidden content, please Sign In or Sign Up This Is How Much His Stash Would Be Worth Today Grammy-Nominated Rapper Logic Invested $6M In Bitcoin Nearly 4 Years Ago: This Is How Much His Stash Would Be Worth Today Grammy-nominated rap star Robert Bryson Hall II, known professionally as Logic, belongs to a niche list of music celebrities with significant investments in Bitcoin (CRYPTO: BTC), the world’s largest cryptocurrency. What happened: Way back in November 2020, the rapper, known for the chartbuster song “1-800-273-8255,” disclosed on This is the hidden content, please Sign In or Sign Up that he purchased $6 million worth of the cryptocurrency. Don’t Miss: “My $6 million in Bitcoin last month. F*** it. YOLO. Seriously,” Logic said in a video posted on his This is the hidden content, please Sign In or Sign Up story. The revelation followed an earlier X (then This is the hidden content, please Sign In or Sign Up ) post where he wrote, “My manager Chris Zarou has been bugging me, so I finally made a big investment in Bitcoin.” Trending: The global games market is projected to generate $272B by the end of the year — This is the hidden content, please Sign In or Sign Up When Logic made the disclosure, one BTC was valued at $17,817.09. So, an investment of $6 million would have fetched him about 336.75 units of the cryptocurrency. Today, one BTC is worth $60,228.31, meaning that Logic’s stash would be equivalent to $20.282 million, marking a significant 238% return on investment. Note that this calculation assumes that Logic didn’t sell his Bitcoin holdings. Information about the same is not publicly available as of this writing. See Also: This This is the hidden content, please Sign In or Sign Up -backed AI marketing startup went from a $5 to $85 million valuation working with brands like L’Oréal, Hasbro, and Sweetgreen in just three years – This is the hidden content, please Sign In or Sign Up Why It Matters: Logic isn’t the only music artist to have boarded the Bitcoin bandwagon. Grammy Award-winning rapper 50 Cent was one of the first celebrities This is the hidden content, please Sign In or Sign Up “Animal Ambition” 10 years ago. He collected as many as 700 Bitcoins. Story continues Eminem, another rap legend, This is the hidden content, please Sign In or Sign Up “Not Alike” from the best-selling album “Kamikaze.” Nas, regarded as one of the greatest rappers of all time, placed a bet on Bitcoin as early as 2014, This is the hidden content, please Sign In or Sign Up . Read Next: UNLOCKED: 5 NEW TRADES EVERY WEEK. This is the hidden content, please Sign In or Sign Up , plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article This is the hidden content, please Sign In or Sign Up originally appeared on This is the hidden content, please Sign In or Sign Up © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. This is the hidden content, please Sign In or Sign Up #Stash #Worth #Today This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up 0 Quote Link to comment https://hopzone.eu/forums/topic/142834-this-is-how-much-his-stash-would-be-worth-today/ Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.