50 Cent Allegedly Made Millions Off Bitcoin

Looks like luck was on 50 Cent’s side. Taking a risk, he was one of the first to accept Bitcoin as payment for his album, Animal Ambition in 2014. At the time Bitcoin was reportedly valued at $662/1 bitcoin equivalent and fans could reportedly purchase the album for a fraction of a whole Bitcoin, according to TMZ.

Following the release of Animal Ambition, 50 reportedly raked in 700 bitcoins, which is equivalent to more than $400K, TMZ’s sources say.

Bitcoin’s value has since fluctuated to between $10K and $12K, which means if 50 decides to cash those coins in right now, he will be walking away with anywhere between $7 to $8.5 million dollars. However he may want to move quickly since the market has reportedly started to crash in the last few weeks.

Be the first to comment

Leave a Reply

Your email address will not be published.


*