50 Cent was living in the future way back in 2014. While people are just now trying to get their hands on a piece of Bitcoin’s pie, Fif apparently took a chance on the cryptocurrency four years before it was the popular thing to invest in.
According to a new report from TMZ, the rapper was the first artist to accept Bitcoin as payment for his album, Animal Ambition in 2014. At the time Bitcoin was reportedly valued at $662/1 bitcoin equivalent. Fans could reportedly purchase the album for a fraction of a whole Bitcoin, according to TMZ.
Following the release of Animal Ambition,[tooltip id=”4500c2f113202943ff1ae30d00c9d4ac”] [/tooltip]50 reportedly raked in 700 bitcoins, which is equivalent to more than $400K, TMZ’s sources say. It seems as though 50 sat on the cryptocurrency until now, which was one smart move.
Bitcoin’s value has since fluctuated to between $10K and $12K, which means whenever 50 decides to cash those coins in, he will be walking away with anywhere between $7 to $8.5 million dollars.
The market as reportedly started to crash in the last few weeks, so 50 might want to move quickly. But this is still a valuable lesson to invest your money and always stay ahead of the curve.[tooltip type=”box” html=”Input Your Content Here” box_background_color=”#eeeeee” box_opacity=”0.95″ box_padding=”10″ box_border_color=”#3F3F3F” box_border_width=”1″ box_border_radius=”0″ id=”4500c2f113202943ff1ae30d00c9d4ac” /]