Ex-Carolina Panthers Player Russell Okung’s 2020 Bitcoin Paycheck Could Now Be Worth $21 Million - Decrypt thumbnail
Ex-Carolina Panthers Player Russell Okung’s 2020 Bitcoin Paycheck Could Now Be Worth $21 Million - Decrypt
decrypt.co
If retired Carolina Panthers player Russell Okung held onto the 240 Bitcoin purchased in lieu of half of his 2020 salary until today, he would be sitting on over $20.9 million. If. In May 2021, amid a decline in Bitcoin’s value, Okung reaffirmed his commitment to the crypto, stating on Twitter at th
1 Users
0 Comments
5 Highlights
0 Notes

Top Highlights

  • If retired Carolina Panthers player Russell Okung held onto the 240 Bitcoin purchased in lieu of half of his 2020 salary until today, he would be sitting on over $20.9 million. If.
  • In May 2021, amid a decline in Bitcoin’s value, Okung reaffirmed his commitment to the crypto, stating on Twitter at the time, “Y’all don’t get it. I am not selling my Bitcoin, ever.”
  • In December 2020, Okung generated headlines when he announced he would take half of his $13 million salary, about $6.5 million, in Bitcoin.
  • “Money is more than currency; it’s power,” Okung told CNBC at the time. “The way money is handled from creation to dissemination is part of that power. Getting paid in bitcoin is the first step of opting out of the corrupt, manipulated economy we all inhabit.”
  • At the time, Bitcoin was worth a comparatively paltry $27,000. Fast forward four years and the cryptocurrency is trading at $87,803 late Monday, an increase of more than 220%, placing Okung's Bitcoin bet at $21 million.

Ready to highlight and find good content?

Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.