Depending on the timing of the acquisition of bitcoin, Logic has already raised up to $ 3 million.
Soon afterGame of Thrones star Maisie Williams tweeted about Bitcoin, rapper Logic talked about his investment in cryptocurrency.
Logic, whose real name is Ser Robert Bryson Hall II, posted a video to his Instagram in which he boasted that he “invested $6 million in Bitcoin last month.”
Considering that over the past month, the price of bitcoin has increased by several thousand, his investment turned out to be extremely successful.
In a worst-case scenario, if “last month” meansOn October 31, for his $ 6 million, he could buy 433 BTC for about $ 13,850. Already today, 433 bitcoins cost $ 7,926,500, which means that the rapper's profit was $ 2 million.
However, the phrase “last month” is unlikely to refer to its very last day.
If Logic bought bitcoins exactly a month ago, their price was around $11,760. That hypothetical 510 BTC is worth $9.3 million today – profit of about $3.3 million.
In case he invested in early October, he bought about 570 BTC at a price of about $10,550.
Today 570 bitcoins are worth $ 10.4 million, and Syrah Robert's profit would have been $ 4.4 million, or 75% of the initial investment.
The rapper has already changed his Twitter nickname to Bobby Bitcoin.
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Based on materialscointelegraph.com
