Odell Beckham Jr. Bitcoin Salary Investment Doubles to $1.4M Amid Crypto Surge

Odell Beckham Jr. made headlines by converting his entire $750,000 base salary from the Los Angeles Rams into Bitcoin in 2021, a move initially met with skepticism due to cryptocurrency's volatility. Despite Bitcoin's significant drop to $16,000 in 2022, Beckham held onto his roughly 11.66 Bitcoins, which recently surged past $120,000 per coin, increasing the value of his holdings to approximately $1.4 million. After accounting for about $375,000 in taxes paid on his salary, Beckham has seen a net post-tax gain of over $1 million, turning what was once criticized as a risky financial decision into a lucrative investment. This success has positioned Beckham as a symbol of forward-thinking financial strategy within professional sports, inspiring other athletes like Trevor Lawrence and Russell Okung to explore cryptocurrency. While Beckham's NFL future remains uncertain, with no confirmed team engagements despite rumors of a potential return to the New York Giants, his Bitcoin bet has brought him significant financial acclaim. The ongoing rise of Bitcoin continues to fuel optimism among crypto advocates about the asset's future potential.