Rapper Logic invests $6M in Bitcoin as latest celebrity to catch crypto bug

Rapper Logic invests $6M in Bitcoin as latest celebrity to catch crypto bug


Following Game of Thrones actress Maisie Williams’ call for advice as to whether to go long on Bitcoin (BTC) earlier this week, the rapper Logic has dived into Bitcoin headlong.

In a video posted to his Instagram story, Logic, real name Sir Robert Bryson Hall II, bragged that he “bought six million in Bitcoin last month,” while making the collar pull gesture popularized by fellow rapper Xzibit in the mid-1990s MTV show Pimp My Ride.

He followed this up by trying to make out that it was really no big deal, muttering “F**k it,” “YOLO” (meaning “You only live once”) and “Seriously…”

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Despite his posturing, Logic’s investment could turn out to be a particularly canny financial move.

In an absolute worst-case scenario, if “last month” meant that the rapper made the investment at the market top on Oct. 31, then his $6 million dollars would have bought roughly 433 BTC at a price of around $13,850.

Fast forward to today,

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