Categories: Payment system news

Drake Donates $1 Million in Bitcoin to LeBron James Family Foundation

Drake made a generous donation of $1 million in Bitcoin to the LeBron James Family Foundation.

  • After a significant victory in an online roulette game on the crypto betting site Stake, the Canadian rapper Aubrey Drake Graham, popularly known as Drake, announced donating $1 million in Bitcoin to a charity organization.
  • The Lebron James Family Foundation is focused on helping underprivileged students combined with diverse initiatives and support programs. The website states,

“Speaking of memorable nights, I had an incredible night last night playing roulette on Stake.com. It was my biggest hit ever. As you can see, I was clearly excited. Any time I get blessed like that, I always think it’s luck that needs to be transferred, or it’s good karma that needs to be transferred. I play for fun and I play in the hope that I can spread love, always.”

  • Drake announced a partnership with Stake earlier this month during with intentions to play for real money on the betting site that he planned to give away.
  • Last month, the recording artist made a bet worth $1.26 million in Bitcoin via Stake on Sunday’s Super Bowl Game between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals. As per reports, Drake placed a Bitcoin bet of $472,476 for the LA Rams’ win in addition to his backing of footballer Odell Beckham Jr on whom he bet $393,825.
  • The LA team won by 20-30 and despite Odell Beckham Jr. leaving the game with an injury, Drake managed to cash in a profit of $300,000 worth of Bitcoin from his SuperBowl predictions.
superadmin

Recent Posts

USDT Just Flipped Ethereum in Market Capitalization

Yesterday, the USDT market capitalization briefly surpassed ETH's at $184.48 billion, then reached $186.07 billion.

17 hours ago

Cardano Founder Predicts Crypto Will Hit 1 Billion Users and $10 Trillion in Market Value by 2030

Cardano founder Charles Hoskinson has renewed his long-term bullish outlook for the cryptocurrency industry.

18 hours ago

Analyst Warns of Warren-Led Push to Cut Ripple’s XRP Off From Banks

Concerns are mounting in the crypto community that amendments tied to Senator Elizabeth Warren could…

18 hours ago

Ethereum Developers Respond to Fresh Proposal with Mixed Sentiments

A provocative new proposal on EthResear.ch sparked a heated debate within the Ethereum community, pitting…

1 day ago

Ripple’s $1.6 Billion RLUSD Stablecoin Launches in Japan Following JFSA Approval

Ripple has officially introduced its U.S. dollar-backed stablecoin RLUSD to the Japanese market after securing…

1 day ago

BingX Expands Into Everyday Crypto Spending With the Launch of BingX Card

PANAMA CITY, June 26, 2026 – BingX, a leading cryptocurrency exchange and Web3-AI company, today…

2 days ago