{"id":36258,"date":"2021-02-11T11:32:51","date_gmt":"2021-02-11T09:32:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36258"},"modified":"2025-08-29T05:25:17","modified_gmt":"2025-08-29T02:25:17","slug":"kiss-bassist-gene-simmons-bought-bitcoin-for-a-seven-figure-sum","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kiss-bassist-gene-simmons-bought-bitcoin-for-a-seven-figure-sum\/","title":{"rendered":"Kiss bassist Gene Simmons bought Bitcoin for a seven-figure sum"},"content":{"rendered":"<p>The Kiss bassist Gene Simmons discussed his seven-figure investment in Bitcoin.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Bitcoin <a href=\"https:\/\/twitter.com\/Bitcoin?ref_src=twsrc%5Etfw\">@bitcoin<\/a> I bought seven figure months ago. It\u2019s been very good to me. Do I believe it\u2019s going even higher than the recent record breaking surges? You bet!<\/p>\n<p>\u2014 Gene Simmons (@genesimmons) <a href=\"https:\/\/twitter.com\/genesimmons\/status\/1359491204866428928?ref_src=twsrc%5Etfw\">February 10, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>\u201cI bought Bitcoin for a seven-figure sum a few months ago. Do I think the asset will push beyond its recent highs? You bet,\u201d wrote Simmons.<\/p>\n<\/blockquote>\n<p>In recent days, Bitcoin crossed the $48,000 mark after Tesla said that <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musks-tesla-invested-1-5-billion-in-bitcoin-the-assets-price-rose-to-44800\">invested in digital gold $1.5 billion<\/a>.<\/p>\n<p>The rally in Bitcoin&#8217;s price drew criticism from some financiers. Timothy Lane, Deputy Governor of the Bank of Canada, <a href=\"https:\/\/u1f987.com\/en\/news\/bank-of-canada-calls-bitcoin-rally-a-speculative-mania\">described the Bitcoin bull run as a &#8216;speculative mania&#8217;<\/a>.<\/p>\n<p>Former head of the Office of the Comptroller of the Currency (OCC) within the U.S. Treasury Brian Brooks <a href=\"https:\/\/u1f987.com\/en\/news\/brian-brooks-says-teslas-bitcoin-investment-is-both-thrilling-and-alarming\">described Tesla&#8217;s investment in digital gold as both captivating and frightening<\/a>.<\/p>\n<p>Former Goldman Sachs investment chief Gary Black <a href=\"https:\/\/u1f987.com\/en\/news\/former-goldman-sachs-top-executive-sells-tesla-shares-after-bitcoin-investment\">sold shares of the electric-car maker<\/a> after the company moved part of its reserves into Bitcoin.<\/p>\n<p>In early February <a href=\"https:\/\/u1f987.com\/en\/news\/kiss-bassist-gene-simmons-invests-in-dogecoin-and-xrp\">Gene Simmons invested in Dogecoin and XRP<\/a>.<\/p>\n<p>Subscribe to ForkLog\u2019s news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kiss bassist Gene Simmons discussed his seven-figure investment in Bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":36259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,52],"class_list":["post-36258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36258"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36258\/revisions"}],"predecessor-version":[{"id":36260,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36258\/revisions\/36260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36259"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}