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Tom Brady touts cryptocurrency investments, says he’s a ‘big believer’

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Tom Brady touts cryptocurrency investments, says he’s a ‘big believer’

Tampa Bay Buccaneers superstar Tom Brady revealed Thursday that he is a “big believer” in the long-term prospects of cryptocurrencies.

The seven-time Super Bowl champion told a panel that he has “definitely” made investments in crypto over the last year amid a surge in value for Bitcoin and other tokens. Brady admitted that he is “not an expert” on the marketplace but has tried to learn more about it.

“It’s funny, in our quarterback room, one of my coaches has been on it for eight, nine months, so we talk about it basically every day,” Brady said during a keynote event at CoinDesk’s Consensus 2021 forum. “The prices of the different tokens, how the space is doing. It’s definitely something that’s on all of our minds.”

The price of a single bitcoin has increased nearly 300% to $37,867 over the last 12 months as digital currencies gained more mainstream acceptance. The overall bitcoin marketplace alone is has a market capitalization of $708 billion.

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