Is 50 Cent a Bitcoin Millionaire?

50 Cent's live motto is "die rich or die trying". He always tries to get richer and richer in every way possible - e.g. using modern technology. It seems that this time around he made some decent money on Bitcoin.

"Animal Ambition"

In 2014, 50 Cent released his latest album "Animal Ambition", which - compared to his previous works - was nothing more than an average record. But an interesting fact is that 50 accepted Bitcoin as a form of payment for that album. According to TMZ he made around 700 Bitcoins selling "Animal Ambition". At that time Bitcoin was worth around $600 dollars per Bitcoin. In 2014 earnings from selling this album for bitcoins were over $400k.  

Where my Bitcoins at?

Reportedly 50 Cent didn't sell his Bitcoins back in 2014. He simply forgot about them. Well, who would care about $400k? Certainly not 50 Cent. ;) When Bitcoin prices rose in the end of 2017, 50 Cent reminded himself that somewhere out there he has 700 Bitcoins. Fortunately he was able to retrieve them. One could not think of a better investment. With 1 Bitcoin worth around $11 000 now, 50 Cent has now around $7.7 million. Due to Bitcoin's price increase, 50 Cent made around $7.3 million of net profit just by simply not selling his Bitcoins back in 2014. Well, that's a businessman!

The question now is will he cash out his Bitcoin or will he hold and wait for an even better price? What do you think? 

P.S.

It's my first post on Steemit, so a very warm welcome to everyone. I will mostly post about history and geopolitics, but from time to time I will post some curiosities like this one about 50. ;)

- Thomas Lucania