Andrew Tate said that he will buy $100 million worth of Bitcoin (BTC).
Andrew Tate is a popular British-American kickboxer, entrepreneur, and social media personality. He gained fame through his success in kickboxing championships and later ventured into various businesses, including real estate and online coaching. Tate is also known for his controversial views on topics such as masculinity, relationships, and mental health, which he often shares on social media platforms like Twitter and YouTube.
On 15 May 2024, Andrew Tate informed his followers that he is now done with fiat currency and now he decided to go with cryptocurrencies fully.
Tate said that he would buy $100 million worth of Bitcoin. Currently, he owns a huge amount of crypto over fiat but still, he is dependent on fiat currency significantly.
Notably, he called fiat currency fake money and also showed his full disappointment with traditional banking systems.
On 16 May 2016, Tate tweeted “Diamond hands”. Indirectly he said that now he is holding Bitcoin with full confidence.
Earlier in March of this year, Tate appreciated the trend of meme crypto tokens and suggested people understand the market trend to make money.
He explained that every market trend brings new opportunities with new crypto tokens. For example he generated $85 million in the last bull run via Defi lending on Pancake swap Defi exchange.
In Feb of this year, Tate announced that he would launch a new token and also buy $100 million worth of his own launched token from the market.
Many people said that the meme token may pump by several thousand percent but some crypto enthusiasts indirectly criticise him for such ideas.
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