- Streamer xQc lost $700,000 in Bitcoin after betting on Kamala Harris to win the 2024 U.S. Presidential election against Donald Trump
- Another streamer, Adin Ross, bet $1 million on Donald Trump’s victory and plans to give away $100,000 to his fans
- The article discusses the impact of Trump’s election win on the cryptocurrency market, including the potential for a Solana ETF approval and the creation of over 11,000 new Bitcoin millionaires
The 2024 US Presidential election concluded with a dramatic victory for Donald Trump over Kamala Harris. While crypto markets celebrated Trump’s win, popular Twitch streamer xQc suffered a devastating loss after betting $700,000 in Bitcoin on a Harris victory.
xQc Announces His Bold Bitcoin Bet
Prior to the election, xQc took to Twitter to share that he had placed a $700,000 Bitcoin bet on Kamala Harris winning the 2024 election. Despite not being American, the Canadian streamer justified the bet by saying the odds were too good to pass up.
After Harris’ defeat, xQc’s chat mocked him for making such a risky bet. Many pointed out how losing $700,000 should end his reckless gambling habits for good.
Adin Ross Makes a Similar High-Stakes Election Wager
Fellow streamer Adin Ross also placed a huge bet on the election, wagering $1 million on a Donald Trump victory. After Trump’s win, Ross announced plans to give away $100,000 to his fans.
Unlike xQc, Ross bet on the right candidate and profited from the election results. This contrast prompted many to claim Ross made the smarter choice.
The Aftermath – How Will xQc Recover?
Losing $700,000 is no small setback, even for successful streamers like xQc. While some have criticized his risky betting, xQc is known for regularly making bold wagers on stream.
Only time will tell if this massive loss will curb his gambling habits in the future. For now, xQc will likely take time to recover and refocus his streaming content after this financial blow.
Conclusion
The 2024 election produced huge gains for some and devastating losses for others. For streamers making big bets on the results, their fortunes rested on picking the right candidate. While Adin Ross profited from his pro-Trump bet, xQc’s pro-Harris wager backfired terribly, costing him $700,000.
