Yes, that headline is correct. In 2014 the rapper decided to accept bitcoin as payment for his album Animal Ambition. He reportedly took in about 700 bitcoin, which at the time would have totaled roughly $400K. Apparently someone of 50’s statue had no need for that money as that money was left alone for years. In a since-deleted Instagram post, he commented, “I’m a keep it real, I forgot I did that s***.”That forgetful nature paid off, as that bitcoin stash is now worth anywhere from $7-$8 million, depending on the current day’s value.
But I guess we shouldn’t be too surprised that he literally fell backwards into this windfall. All he does is make money. I mean the dude even made a song about it. Seriously though, if this was anyone but 50 Cent I’d be shocked. But with him, I’m really not surprised. For whatever reason it just seems fitting. But now hopefully he won’t see a huge bitcoin crash and lose it all as soon as he found it.