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COINTURK NEWS > Bitcoin (BTC) > Andrew Tate Plans Major Bitcoin Investment
Bitcoin (BTC)

Andrew Tate Plans Major Bitcoin Investment

In Brief

  • Andrew Tate plans to invest over $100 million in Bitcoin.

  • He expressed frustration with traditional banks and fiat currency.

  • Bitcoin's price rose to $66,179, with a 10% increase in trading volume.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Bitcoin (BTC) piyasada kabul edilebilecek olan tek para ve yatırım seçeneği olduğunu belirtmesinden kısa bir süre sonra, sosyal medyanın önemli isimlerinden, eski profesyonel kick boksçu Andrew Tate, itibari para birimlerini terk edeceğini ve 100 milyon dolardan fazla değere sahip Bitcoin satın alımı gerçekleştireceğini duyurdu.

Contents
TATE and Bitcoin CommentaryAndrew Tate’s Twitter Lessons

TATE and Bitcoin Commentary

Commenting on traditional banks, Tate expressed his frustration with their financial practices and fraud schemes. In his May 15th post, he mentioned the possibility of transitioning from fiat currency to Bitcoin and planning an investment of over $100 million in BTC.

Popular influencer Tate also mentioned that he has not yet taken action on this matter because he holds “more crypto than fiat.” He previously stated:

The fiat Ponzi scam money you enslave yourself to win, I think I will completely abandon fiat.

Andrew Tate’s Twitter Lessons

Many people know Tate as a big fan of Bitcoin, highlighting that the US dollar is nearing its end along with real estate and many other investments that the government can seize from owners, making Bitcoin the only option.

Additionally, as mentioned in the past, Tate had previously planned to purchase $10 million worth of Bitcoin. Today, Tate’s estimated net worth is known to be between $4 million and $12 million, with a significant portion believed to be tied to cars he owns with his brother Tristan Tate.

Moreover, during the past bull run, Tate commented that he made about $85 million from Defi land and mentioned that his first Bitcoin investment was in 2018. Since then, he has been buying some Bitcoin “every week” even while imprisoned in Romania.

Meanwhile, Bitcoin, which rose to $66,179 last night, is trading at $65,800 at the time of writing. The 1.70% price increase over the past 24 hours led to this price, accompanied by a 10% increase in 24-hour trading volume, exceeding $35 billion.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 16 May, 2024 - 7:06 pm 16 May, 2024 - 7:06 pm
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