Russell Okung's Bitcoin Salary from 2020 Now Valued at $20 Million
The former NFL player's decision to take half of his Carolina Panthers salary in Bitcoin has paid off significantly four years later.
- Russell Okung, a former Carolina Panthers player, opted to receive half of his $13 million salary in Bitcoin in 2020.
- The initial $6.5 million in Bitcoin has appreciated to approximately $20 million as of November 2024.
- Okung's decision was facilitated through a partnership with Bitcoin platform Zap, converting his paycheck into cryptocurrency.
- The value of Bitcoin has surged from around $27,000 in 2020 to over $87,000, significantly boosting Okung's investment.
- Okung has remained committed to Bitcoin, publicly stating he would not sell his holdings despite market fluctuations.