NBA players Klay Thompson, Andre Iguodala join the Bitcoin bandwagon

Sahana Kiran

The crypto-verse witnessed the arrival of an array of people from a wide range of industries. However, NBA players topped the list. From rolling out NFTs to accepting payments in Bitcoin, these basketball players were going all-in on crypto. More recently, two prominent players from the Golden State Warriors revealed that they would accept their salary in Bitcoin.

Sports personalities from across the globe seemed to be inclined towards the crypto-verse. Hopping onto this trend were NBA players, Klay Thompson and Andre Iguodala announced to receive a part of their next salary in Bitcoin. This wasn’t all, the duo even noted that they would be donating $1 million in BTC.

The NBA players had collaborated with Cash App, a mobile payment service to carry this out. Thompson took to Twitter to announce his latest move in the crypto-verse. The tweet read,

NBA players shoot hoops in crypto-verse

Thompson wasn’t the only NBA player to express interest in crypto. Iguodala also declared his arrival into the crypto-verse via Twitter. Similar to Thompson, the NBA player noted that Bitcoin was the future.

He further said,

“I’m excited to announce I’m taking part of my salary in BITCOIN w. Cash App! Bitcoin is the future, @klaythompson and I are both believers. To make bitcoin more accessible, we’re giving out $1M in bitcoin back to fans today. Drop your $cashtag w. #PaidInBitcoin & follow @CashApp”

Several members of the NBA have been amassing salaries in Bitcoin. NBA giant, Sacramento Kings broke the internet after the team owner revealed that all the players would be paid in BTC.

Previously, Cade Cunningham from Detroit Pistons teamed up with BlockFi to garner his bonus in Bitcoin. Not too long ago, Shark Tank’s Mark Cuban urged his team Dallas Mavericks to integrate Dogecoin along with BTC for merchandise and ticket payments.

Despite this increased adoption, Bitcoin [BTC] was seen dropping by over 9% throughout the last couple of days. Further pushing the king coin’s price to a low of $42.035. The market cap of the asset had depreciated to $785 billion.