YouTuber MrBeast reveals his crypto investments

Jimmy Donaldson, operating online as MrBeast is a YouTuber

known for giving away money and expensive items. His channel on the video platform has over 60 million subscribers and his videos have already garnered billions of views. Sponsored Sponsored

MrBeast is also a businessman and philanthropist. It has long been known that he has also invested in cryptocurrencies. Now, according to the latest information, Bitcoin (BTC) makes up the majority of his crypto portfolio. However, that’s not all. The 23-year-old is also investing in other digital products. Apart from Bitcoin, MrBeast has also invested in NFT. Donaldson revealed that he bought the popular CryptoPunks,

which he then sold and put the proceeds into Gray Vaynerchuk’s VeeFriends.

Speaking with fellow YouTuber – Logan Paul, MrBeast revealed that he made 20-30x his original investment from the sale of CryptoPunks. During an interview on the Impaulsive

podcast, MrBeast mentioned that he first got involved in VeeFriends back in February when Vaynerchuk mentioned it during an interview. Paul confirmed that he too has invested in the project, which he tweeted about. Sponsored

Bitcoin and other cryptocurrency investments

MrBeast is actively participating in the cryptocurrency space, as are many other well-known YouTubers. Although he was previously reluctant to talk about the value of his investments, he has now confirmed that he has put $1.5 million into Bitcoin. Paul mentioned this while referring to a conversation with Donaldson during which the latter told him about his investment, and the latter confirmed the information.

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MrBeast also revealed during the interview that at the beginning of the year he invested in 8 CryptoPunks, which he no longer owns. However, he previously did not give exact details of the NFT purchase. <a href=”https://beincrypto.pl/learn/krypto-influencerzy-kryptowaluty/” target=”_blank

” rel=”noopener”>YouTuber, however, did not bow to Paul’s pressure and did not disclose the amount for which he sold his non-exchangeable tokens.

Donaldson has made quite a few other partnerships and investments in the cryptocurrency industry. Earlier in May, he invested in XCAD, a marketplace that enabled one-click creation of NFTs. These were to be used by content creators for monetization.

MrBeast has also partnered with Coinbase. As part of the partnership, users who used his code received $10 in BTC on the exchange. However, the most visible yet controversial was the YouTube star’s involvement with Refinable. The subsequent crash in the project’s price led his supporters to accuse MrBeast of pushing a pump-and-dump scheme on them. So far he has not commented on these accusations.

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