Rapper Drake has been very open along with his dealings in bitcoin recently. The Canadian rapper who has gained superstardom continues to extend his involvement with the digital asset. He just lately ship some bitcoin to fellow rapper Kodak Black, formally introducing the latter to the cryptocurrency, who admitted that he had by no means used the digital asset earlier than till Drake launched it to him.
Drake Being Beneficiant With Bitcoin
Kodak Black was on “The Breakfast Club” on Wednesday the place he revealed the beneficiant reward his business colleague had given to him. Based on Kodak, rapper Drake had referred to as him up and requested him if he had any bitcoin. When Kodak had responded within the adverse, Drake had promptly informed him to go arrange a bitcoin account. Kodak, figuring out his colleague, knew one thing was up and went to arrange a bitcoin pockets though he had by no means used it earlier than.
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“This n*** textual content me like ‘You bought bitcoin?’ I used to be like ‘Nah.’ He was like ‘Arrange a bitcoin then.’ So you realize, I’m like, okay, I’m placing two and two collectively, that’s 4, you realize what I’m sayin’?” Kodak informed The Breakfast Membership.
BTC nonetheless buying and selling beneath $40,000 | Supply: BTCUSD on TradingView.com
Rapper Kodak had lastly arrange the pockets after a lot pestering by Drake. As soon as the quantity was arrange and good to go, Drake had requested Kodak to ship over his bitcoin pockets. The rapper admitted to being shocked and confused at this request however had achieved it anyway.
Not lengthy after, Kodak mentioned he acquired 6.6 BTC from Drake, which was price nearly $250,000 on the time. Kodak revealed within the interview that he had no plans of promoting the beneficiant reward. He intends to carry the digital asset for the long-term whereas it appreciates over time.
Successful Large At The Tremendous Bowl
Drake has been closely concerned within the bitcoin playing house. He has at numerous occasions previously positioned bets utilizing the digital asset operating into the tens of millions of {dollars}. About two weeks in the past, Bitcoinist reported that the rapper had positioned bets of just about $1.5 million forward of the Tremendous Bowl weekend, betting closely for his group, the Los Angeles Rams, to win, and star Odell Beckham Jr. protecting over 62.5 receiving yards and scoring a landing.
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As a consequence of an damage sustained on the sphere, the rapper had misplaced the bets on Beckham. However had gone on to win different bets because the L.A. Rams did in truth come out victorious within the video games.
Regardless of shedding on a few of his bets, Drake nonetheless got here out in revenue on his bets. Going by the figures the rapper posted on his Instagram web page, Drake would’ve nonetheless remodeled $380K on his bets.
Featured picture from HipHopDX, chart from TradingView.com