BitBoy Net Worth: How Rich is Ben Armstrong?

Who is Ben Armstrong?

Ben Armstrong, better known as BitBoy Crypto, is one of the most popular crypto influencers on YouTube and Crypto Twitter. Based in Atlanta, Georgia, he built his brand by providing insights, news, and analysis on cryptocurrency and blockchain technology, earning millions of followers. However, 2023 marked a turning point as personal scandals, legal battles, and accusations of financial misconduct began to overshadow his career. 

He was removed from his own company, HIT Network, and consequently lost control of the BitBoy Crypto brand. His controversial departure came amidst allegations of substance abuse, financial mismanagement, and a public divorce. Despite his tumultuous exit and continued controversy, Ben remains a significant, if polarizing, figure in the crypto world, with ongoing efforts to maintain his influence through new projects like the BEN Coin Collective.

‍

BitBoy Net Worth‍

Ben has an estimated net worth ranging between $5 million to $10 million as of 2024. His wealth stems largely from early crypto investments and content creation. His podcast media kit was leaked by clients, and his fees are outrageously high with a mention on his podcast costing a staggering $20,000. His influence grew as he became a leading voice in digital assets, driving significant traffic through his YouTube channel and personal blog. 

However, personal and legal controversies have affected his net worth, including the loss of over $700,000 in a crypto hack earlier in the year and his ongoing legal costs. His crypto wallet previously held millions but now only has a few thousand dollars. At his peak in early 2022, Ben claimed his portfolio was worth upwards of $10 million.

‍

How Did BitBoy Build His Net Worth?

Ben capitalized on his success through multiple income streams. He monetized his channel through YouTube ad revenue, affiliate marketing, and lucrative sponsorship deals. According to his media kit, Bitboy charges between $2,500 for website articles and up to $40,000 for dedicated reviews and interviews. He also sold branded merchandise and held equity stakes in HIT Network and High Throughput Productions. 

‍

Is Ben Armstrong A Boxer?

Ben ventured into boxing as a way to diversify his public persona and connect with a broader audience. His boxing journey began as part of the influencer boxing trend, where internet personalities face off in the ring. His most notable bout was against fellow YouTuber Crypto Jeb, which garnered substantial attention within the crypto community. 

Despite his relative inexperience, Ben trained rigorously for the match, demonstrating his commitment to the sport. Although the fight ended in a draw, it showcased his determination and willingness to step outside his comfort zone.

‍

Should I Trust BitBoy’s Financial Advice?

No, he was involved in several scandals, including allegations of insider trading, promoting fraudulent ICOs, and spreading misinformation about various tokens. The controversies led to a loss of credibility, and many of his followers turned away from him. Furthermore, the events of 2023 have raised questions about the accountability of this influencer and the impact he can have on the market. 

‍

Bottom Line

In conclusion, Ben Armstrong's journey from an early Bitcoin investor to a leading yet controversial crypto influencer highlights the industry's potential and pitfalls. Despite his early success and substantial net worth of $10 million, his reputation has been marred by legal troubles, personal scandals, and accusations of financial misconduct. 

While he remains active in the crypto space through new ventures like the BEN Coin Collective, his credibility has suffered, raising questions about the reliability of his financial advice. Ultimately, his story serves as a cautionary tale for those following crypto influencers.