Former rapper ‘Logic’ invests $6 million in Bitcoin. Former rapper Robert Bryson Hall II, more popularly known as “Logic,” picked up $6 million worth of the pioneer cryptocurrency last month, he said on Instagram.
The move came as investors, fund managers, and enterprise software companies are turning to Bitcoin as a hedge against inflation. However for Logic, the move was more of a YOLO—short for “You Live Only Once”—trade.
“My $6 million in Bitcoin last month. F*** it. YOLO. Seriously,” he said. The asset traded under $13,500 as of October, and has risen nearly 25% to its current $18,200 since.