Drake Loses Half a Million in Bitcoin Post NBA Finals
The cryptocurrency industry is home to many celebrities and prominent figures. Canadian rapper Drake is among them as he employs Bitcoin [BTC] to often bet on several sporting events. More recently he decided to put his money on the NBA Finals. However, things did not go as planned for the rapper. On June 6, Drake poured in $500,000 worth of Bitcoin through Stake on the Dallas Mavericks. He did so in the hopes that they would win and receive a payout of $1.375 million. The rapper took to Instagram to announce his bet and wrote “ Dallas cause I’m a Texan.” Source Also Read: Ethereum To Surge 50% This Year Against Bitcoin Drake suffered a major setback as the Boston Celtics won the championship with a 106-88 victory on their home court. The rapper was wise enough not to put all his eggs into one basket. He also placed a bet of $500,000 on the outcome of the NHL’s Stanley Cup Finals. He placed his wager on the Edmonton Oilers. While the match has yet to be...