50 Cent Makes Millions Selling Album For Bitcoin

50 Cent Jackson made a lot of money by being an early believer in Bitcoin, After giving the cryptocurrency a chance 4 years ago, he is now reaping the benefits which amount to over $7 mln, according to current exchange rates. 50 Cent just realized he had more cash stashed away than he thought. He ‘forgot’ about a bitcoin collection that’s now worth millions. 50 Cent became the first rapper who started accepting Bitcoin as payment for his fifth album “Animal Ambition” released in 2014. At $5.50 a copy which was equivalent to 0.0088 BTC back in 2014, the unexpected “money genius” made about 700 bitcoins which were worth more than $400,000 that year. He left the money in his account for years, and the current value of each coin is now $11,000. That brings the musician’s new total to $7 million. And apparently, he didn’t notice until recently. The rapper is reported to have kept all of his bitcoins without selling them for years until 2018. During that time the cryptocurrency has grown immensely, with the current price set at around $11,000, Jackson’s 700 coins are now worth more than $7 mln.
50 Cent has confirmed the news of his successful ‘Hodling’ on Twitter: