Miami Dolphins' Odell Beckham Fades the Haters
Odell Beckham Jr. is enjoying the success of his Bitcoin investment from 2021, taking to social media to remind critics about his choice to receive $750,000 of his salary in Bitcoin while playing for the Rams. With Bitcoin trading above $90,000, his investment has seen a substantial increase from the $64,293 price at which he converted his salary. Despite some tough times during the 2022 crypto winter when the value dropped to $401,500, this year's market rally has provided Beckham with significant gains. His investment was facilitated through a deal with Block Inc.'s Cash App. Other athletes in the crypto space, including Tom Brady and Saquon Barkley, have also explored similar compensation structures. As the crypto job market continues to grow, driven by increased adoption, Asian markets are becoming vital hiring hubs, contributing to the momentum in the crypto industry that has followed the recent approval of Bitcoin ETFs in the U.S.
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