Is NFL Star Tom Brady Loading Up Bitcoins (BTC)?

Bhushan Akolkar
May 10, 2021
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Over the last few months, celebrities have been warming up to Bitcoin (BTC) and the recent rumor in the town is that American Football sensation Tom Brady is stacking up BTC in his wallet. Blockworks co-founder Jason Yanowitz was the first to tweet about the same.

Referring to Tom Brady as the GOAT, Jason asked his followers on Twitter to retweet for Brady to turn ‘laser red eyes’, an investor’s sign of their support to Bitcoin (BTC). Brady sparked further speculation by asking his 1.9 million Twitter followers whether he should really turn laser eyes.

Brady’s tossing up the speculation has driven the massive attention of some of the biggest market players. Bitcoin (BTC) evangelist and investor A. Pompliano tweeted: The internet will break if @TomBrady tweets “Pay me in bitcoin”. In the recent past, several celebrity figures have extended their support for Bitcoin (BTC).

NFL Star Russell Okung Extends Support to Tom Brady

Russell Okung, the NFL Star from Carolina Panthers was among the first to accept half of his salary in Bitcoin. Okung became the first major player in any U.S. sports league to be played in Bitcoin last year. The legend asked to be paid half of his $13-million salary in Bitcoin to which the Panthers had obliged.

Since the request was accepted last December 2020, when BTC was trading around $28,000, Okung has already made a massive 100% gains as of the current BTC price. In his recent tweet extending support to Tom Brady, Okung tweets:

After consolidating at $55,000 over the last month, Bitcoin (BTC) is once again showing momentum. Today, the BTC price is trading above its crucial resistance of $59,000 with its market cap crossing $1.1 trillion. After a month of selling, Bitcoin addresses holding between 100 to 10,000 Bitcoins have reversed the trend and started accumulating once again, reported on-chain data provider Santiment.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.