Who Is Tom Brady, Estimated Own Bitcoin

Tom Brady is one of the most recognized names in American sports history, celebrated for his legendary career as an NFL quarterback and his subsequent ventures into broadcasting, business, and even cryptocurrency. Over the years, his financial moves have attracted almost as much attention as his Super Bowl wins. 

One of the most discussed moments in his post-football life is his involvement in the now-collapsed crypto exchange FTX, where he reportedly lost nearly $30 million. Despite the setback, Brady remains open about his continued belief in Bitcoin.

Tom Brady’s Career and Public Profile

Tom Brady played 23 seasons in the NFL, mostly with the New England Patriots, before finishing his career with the Tampa Bay Buccaneers. Known for his competitive drive, meticulous preparation, and ability to perform under pressure, he won seven Super Bowls, more than any single NFL team in history. 

After retiring, Brady transitioned into a media personality and businessman, signing partnerships and making investments across various industries.

In addition to sports broadcasting roles, Brady’s public image is closely tied to lifestyle brands, wellness ventures, and technology investments. His charisma and influence have made him a sought-after figure for endorsements, though not all of his business endeavors have gone smoothly.

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The FTX Collapse and Financial Losses

In late 2022, the cryptocurrency world was rocked by the collapse of FTX, once one of the largest digital asset exchanges in the world. Tom Brady, along with other celebrities, had been involved in promoting the platform. 

Sam Bankman Fried and Tom Brady  

Reports suggest Brady lost around $30 million when FTX imploded, while his then-wife, supermodel Gisele Bündchen, lost approximately $18 million.

FTX’s downfall was linked to allegations of fraud, mismanagement of customer funds, and a liquidity crisis that forced the company into bankruptcy. The incident became one of the most infamous moments in crypto history, sparking lawsuits and regulatory scrutiny.

Read also : FTX Creditors to Receive More Payouts: Here is How to Claim

Is Tom Brady Continued His Support  for Bitcoin?

Two years after the FTX disaster, Brady appeared on the lighthearted interview segment Sundae Conversation with Caleb Pressley. Known for its mix of comedy and personal questioning, the show featured Pressley teasing Brady about past NFL losses before turning the conversation to cryptocurrency.

When asked if he still believed in Bitcoin, Brady answered simply: “Yes.” This direct response highlighted that, despite losing millions through his FTX involvement, he has not abandoned his interest in digital currencies.

Bitcoin, often referred to as digital gold, operates on a decentralized network without central bank control. Its supporters, like Brady, view it as a long-term store of value and a hedge against inflation, while critics point to its volatility and regulatory uncertainties.

A Lighter Moment in the Interview

During the same segment, Pressley asked his co-host Glenny Balls whether he had ever owned Bitcoin. Glenny admitted that he and Pressley had once shared ownership of a Bitcoin but eventually lost it after putting the funds into a company that went bankrupt—possibly FTX.

The exchange drew laughter from both hosts and Brady, briefly easing the tension around the topic. Brady called it a “sad story” but seemed unbothered by revisiting the subject.

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Tom Brady’s Place in the Crypto Conversation

While Brady’s involvement in cryptocurrency is not as extensive as that of tech entrepreneurs or dedicated investors, his name carries influence in the public’s perception of digital assets. 

His continued support for Bitcoin, even after substantial financial losses, reflects a belief shared by many long-term crypto advocates: short-term volatility does not necessarily erase the long-term potential of blockchain technology.

In the broader crypto industry, public figures like Brady can bring visibility and mainstream attention, though their endorsements also come with responsibility. The FTX case serves as a cautionary tale for both celebrities and retail investors about the risks of speculative platforms.

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Conclusion

Tom Brady remains more than just a retired football legend, he’s a businessman, media personality, and someone willing to engage in emerging financial trends, even when they come with risks. While the FTX collapse was a costly setback, his ongoing support for Bitcoin suggests he still sees promise in the digital currency’s future.

For fans and investors alike, Brady’s journey in the crypto world serves as both inspiration and warning: success in one field does not guarantee success in another, but a strong belief in an idea can endure through challenges.

FAQ

How much did Tom Brady lose in the FTX collapse?

Reports estimate Brady lost nearly $30 million when FTX went bankrupt in 2022.

Does Tom Brady still invest in Bitcoin?

Yes, Brady has stated he still believes in Bitcoin despite previous losses.

Was Tom Brady paid in cryptocurrency by FTX?

He received a significant portion of his FTX ambassador deal in company equity, not direct crypto.

Is Tom Brady involved in any other crypto projects?

Aside from FTX, Brady has shown public interest in NFTs and blockchain technology but has not announced major new projects.

Why does Tom Brady believe in Bitcoin?

While he hasn’t gone into deep technical detail, Brady appears to see Bitcoin as a long-term store of value despite market volatility.