Throughout the last several months, a slew of celebrity luminaries, millionaires, and even numerous billionaires have started leaping into the crypto asset economy. On Thursday night, the former rapper Robert Bryson Hall II, recognized professionally as “Logic,” admitted he bought $6 million worth of bitcoin last month.
The retired American rapper Logic had made a name for himself during the last ten years when he began his songwriting and recorded producing career in 2010. Throughout the last decade, Logic released six studio albums and was nominated for two Grammy awards. In 2017, Logic achieved mass popularity when his album, dubbed “Everybody,” hit the number one position on the U.S. charts 2017.
Certain days, Logic is withdrawn from the rap scene, and he started leaving in July 2020 after he published his final record, “No Pressure.” Logic is also into cryptocurrency as the hip-hop artist unveiled on Instagram that he purchased $6 million worth of bitcoin in October. Last month, a single BTC was trading above the $13k handle, and this week bitcoin has been trading above the $18k zone.
Logic posted to Instagram,
“My $6 million in bitcoin last month. F*** it. YOLO. Seriously,”
The Instagram post also asked if the bitcoin purchase was a win or a loss. A notable number of Instagram users reacted to Logic’s bitcoin post with both wins or lose responses, and during the last 15 hours, the post has been viewed 91,765 times. Additionally, on Twitter, the former rapper changed his account name to “Bobby Bitcoin,” and he’s been talking about the crypto asset on that platform as well.
“Alright f*** Twitter I’m going to play chess and count my bitcoin,” Logic tweeted last Wednesday.
One person replied to the lyricist’s tweet and said, “What do you mean count it? All you gotta do is check your balance.” Besides bitcoin, Logic’s Twitter feed is also filled with posts about playing chess and opening decks of Pokemon cards. Last October, Logic reportedly purchased a rare first edition Charizard Pokemon card worth $226,000, a “YOLO” purchase.
Logic’s bitcoin purchase news follows the hit record producer “Murda Beatz” telling his fans that he purchased bitcoin last October. Murda Beatz and Logic also follow a slew of hip hop recording artists that have jumped into the cryptocurrency economy during the last decade. Other music stars that have announced an interest in cryptocurrencies and bitcoin over the years include celebrities like Jermane Prime, Nas, RZA, 50 Cent, Snoop Dogg, Young Thug, Swae Lee, and Talib Kweli.
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