50 Cent Became An Accidental Bitcoin Millionaire

If you bought a ton of bitcoin when they were dirt cheap a few years ago then congratulations, you’re rich. What if you’re already a rich rapper who forgot he had quite a few bitcoin and have become a bitcoin millionaire without even knowing about it? Congratulations, you’re 50 Cent.

50 Cent let fans buy his Animal Ambition ambition with bitcoin back in 2014. A single bitcoin used to cost under $700 at that point in time and his fans could purchase the album for a fraction of that amount.

It turns out that there were a lot of people willing to pay him in bitcoin for the album and he made $400,000 from the sales. 50 Cent didn’t touch the account for a couple of years and only recently discovered that he’s become an accidental bitcoin millionaire given that it now costs over $11,000 and was almost $20,000 at one point.

All of the bitcoin he accumulated during that album sale were left untouched in his account even when the price soared to more than $19,000 per single bitcoin. Even at the current price which is almost 50 percent lower than the peak, 50 Cent’s bitcoin stash is worth almost $8.5 million.

The rapper confirmed his accidental bitcoin millionaire status on Twitter, saying that it’s “Not bad for a kid from South Side, I’m so proud of me.” He’ll surely be thankful that he didn’t forget his login information or this significant chunk of money would have been lost to the blockchain for good.

Adnan Farooqui
Categories: General
Tags: bitcoin, cryptocurrencies, Social Hit