besides a businessman and philanthropist, the YouTuber has invested in crypto. According to his recent unwrap, it turns out that the businessman actually has significant holdings in bitcoin. The 23-year-old has invested in a variety of products across the crypto space. Besides bitcoin, MrBeast has besides invested in NFTs. The YouTube star revealed that he had bought the celebrated CryptoPunks NFTs. Which he had then sold and put the proceeds into Gray Vaynerchuk ’ s VeeFriends. Related Reading | Institutional Inflows Into Bitcoin Sees Significant Increase After 8-Week Dry Spell
Talking to fellow YouTuber Logan Paul, MrBeast revealed that he had made 20-30x from the sale of the CryptoPunks. During the interview on Paul ’ s podcast Impaulsive, MrBeast said he had first base gotten into the project when Vaynerchuk had beginning mentioned it to him during a call option bet on in February. Paul confirmed he had besides invested in the plan, which he had been vocal music about on his chitter. Alongside their other friends who were present on the call with Vaynerchuk.
Bitcoin And Other Crypto Investments
MrBeast has been prominent in the crypto space like a draw of other celebrated YouTubers have been. Although loath to talk about the value of his investments, MrBeast confirmed that he had put $ 1.5 million into bitcoin. Paul made mention of this referencing a call that he had with MrBeast where he told Paul he had made this investment. With MrBeast confirming this.
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Bitcoin price trailing $47K | Source: BTCUSD on TradingView.com
MrBeast besides revealed during the interview that he had invested in 8 CryptoPunks NFTs early in the year, which he no longer holds. A number which he had not wanted to reveal, before doubling back and giving the claim figure. The YouTuber although did not move in his purpose to not disclose how much they were sold for.
Being a vocal part in the crypto space has besides landed the celebrated YouTuber some noteworthy partnerships and investments. Earlier in May, MrBeast had invested in XCAD, a marketplace that enabled one-click creation of NFTs. These were meant to be used by capacity creators to monetize their contented .
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MrBeast besides partnered with Coinbase. A partnership that saw users who used his code get $ 10 in bitcoin on the exchange. But most big has been the YouTube star ’ s engagement with Refinable. A subsequent crash in the price of the project led followers to accuse the YouTuber of pushing a pump-and-dump system on them. Leading them to lose their money in the process. MrBeast has therefore far not commented on any of these accusations .
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