Justin Bieber Expands NFT Collection, Buys Second Bored Ape in Two Weeks for $470,000: Report

In the last two weeks, Bieber has spent nearly $2 million (roughly Rs. 15 crore) on Bored Ape NFTs.

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By Radhika Parashar | Updated: 7 February 2022 14:53 IST
Highlights
  • Justin Bieber has reportedly bought Bored Ape #3850 on OpenSea
  • Official confirmation on the purchase still awaited
  • This is Bieber’s second Bored Ape purchase in two weeks

Bieber’s newest purchase is listed as Bored Ape #3850 on OpenSea NFT marketplace

Photo Credit: Facebook/ Justin Bieber

Justin Bieber reportedly purchased a new NFT from the Bored Ape Yacht Club (BAYC) for $470,000 (roughly Rs. 3.5 crore) over the weekend. This makes for the 27-year-old popstar's second Bored Ape NFT purchase in two weeks, but the official confirmation on this sale remains awaited. The BAYC NFT project is a collection of 10,000 algorithmically generated illustrations of cartoonised apes, all unique.

Bieber's newest purchase is listed as Bored Ape #3850 on OpenSea NFT marketplace, as per a report by HighSnobiety.

This piece is a caricature of a blue bandana-clad ape, wearing a bluish chequered shirt, and a green puffed jacket with a purple background. The icy and shiny diamond-like teeth of this ape makes for its distinct feature.

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The multiple Grammy winner reportedly paid ETH 166 to obtain this NFT.

In the last two weeks, Bieber has spent nearly $2 million (roughly Rs. 15 crore) on Bored Ape NFTs.

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Last week, the “Peaches” singer found himself to be the subject for memes and jokes after he dished out $1.3 million (roughly Rs. 10 crore) to buy Bored Ape #3001.

The NFT that was bought by the Canadian singer cost ETH 500 and it shows a teary, brown-coloured ape standing in a “new punk blue” background in a simple black-coloured t-shirt.

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The original price of this piece was around $270,908 (roughly Rs. 2 crore) at the time of sale, but Bieber bought it for a price 300 percent higher, Bitcoin.com had reported.

Trollers had attacked the singer at the time for pouring in money on a Bored Ape NFT with no fancy feature.

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Bieber is not the only one smitten by the Bored Ape NFTs. Several celebrities such as Paris Hilton, Jimmy Fallon, and Gwyneth Paltrow hold BAYC NFTs.


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