50 Cent Makes More Money, Thanks To Bitcoin
50 Cent took a chance on bitcoin years before anyone knew what cryptocurrency even was and it's paid off more than 7 million times over.
Rewind to 2014 and 50's album, "Animal Ambition," when the rapper became the first to accept bitcoin which was then valued at around $662/bitcoin as payment for his work. It's said customers could get a copy of the album for just a fraction of a whole bitcoin.
Sources say "Animal Ambition" pulled in about 700 bitcoin in sales, which is over $400k. And the cryptocurrency sat dormant in his account for years.
Fast-forward to today, when bitcoin's value has fluctuated between $10k and $12k per coin. Turns out 50 is a money genius, sitting on anywhere between $7 million and $8.5 million, TMZ claims.
The market has steadily declined over the last few weeks, so 50 might wanna think about unloading soon while the gettin's still good.
Please LOGIN or REGISTER To Gain Full Access To This Article