Former Carolina Panthers player Russell Okung’s decision to be paid in Bitcoin in 2020 has resulted in a massive windfall as Bitcoin’s value surpasses $88,000. Okung, who took half of his $13 million salary in Bitcoin, is now potentially sitting on over $20.9 million.
In a bold move, Okung held onto the 240 Bitcoins purchased as part of his salary amidst Bitcoin’s fluctuations. His commitment to cryptocurrency remains strong, stating he will not sell his Bitcoin.
Bitcoin value surged, tripling over four years since Okung’s initial investment, showcasing a remarkable return on his decision. Despite criticisms from notable figures, Okung continues to advocate for Bitcoin and its potential for humanity’s freedom.
Retired from football in 2023, Okung’s strategic move to opt for Bitcoin payment could make him one of history’s greatest ex-athlete investors.