NFL legend Tom Brady was among the celebrities who jumped on the Bitcoin BTC/USD bandwagon during the 2021 cryptocurrency boom, and while his enthusiasm may have dimmed since then, he remains hopeful about the cryptocurrency’s prospects.
What happened: In May 2021, the iconic sportsperson added “laser eyes” to his Twitter, now X, profile picture, a visual declaration used by Bitcoin advocates to signal their unwavering confidence in the cryptocurrency's future.
A few days later, Brady had some encouraging words for the space at a cryptocurrency conference.
"I'm still learning so much. It's definitely something I'm going to be in for a long time," Brady said about cryptocurrencies, according to a CNBC report.
In September of that year, the legendary quarterback said he would "love" to be paid in Bitcoin and other top cryptocurrency tokens.
See Also: Bitcoin To Hit $100,000 Soon? Polymarket Bettors Are Putting Big Money On It
Notably, this advocacy came during a bull market, with prices for multiple coins skyrocketing. When Brady posted the laser eye picture, Bitcoin traded at $58,250.87 apiece.
Nearly four years later, Bitcoin trades at $96,928.71, indicating a 66% jump. This means that a $1000 investment would have turned into $1,660 today.
Brady’s fortunes turned sour after FTX, the cryptocurrency exchange he was an investor in and brand ambassador for, filed for bankruptcy. Aside from the personal financial loss, he faced a class-action lawsuit from investors.
Despite all this, in a December 2024 interview on the Sundae Conversation, Brady reaffirmed his belief in Bitcoin, responding “yes” when asked if he still believed in it
Price Action: At the time of writing, LTC was exchanging hands at $91.86, up 11.84% in the last 24 hours, according to data from Benzinga Pro.
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