Key Points:
- Drake’s newest song, “What Did I Miss,” features lyrics that juxtapose fluctuating friendships with bitcoin’s price volatility.
- The artist has previously placed substantial bets in bitcoin on sports through the gambling platform Stake.
- Drake’s crypto endeavors encompass a $100 million deal with Stake and stakes in companies like MoonPay.
In his latest single, What Did I Miss, Drake reflects on betrayal, luxury, and the world of bitcoin. He draws a parallel between unreliable friends and the unpredictable nature of cryptocurrency prices, stating, “Could be down this week, then I’m up next week.”
This isn’t Drake’s first brush with bitcoin; the Canadian rapper has established himself as a prominent figure in the cryptocurrency community over recent years.
Drake
(Credit: Charito Yap/Flickr)
Drake’s investments also include a notable clip featuring Michael Saylor discussing bitcoin on Instagram, which had a massive audience. Moreover, he has experienced substantial losses, betting over $1 million on various sports teams with less than favorable outcomes.
Fans humorously refer to this as the “Drake Curse,” indicating losses associated with his bets. Nonetheless, Drake asserts that he is merely a flawed bettor, emphasizing that he is not just taking chances blindly. His partnership with Stake is reportedly valued at around $100 million per year, showcasing his serious interest in the crypto-gambling intersection. As for the market, bitcoin’s current stability shows low volatility, making it a noteworthy moment amidst the lively crypto landscape.
