After just 2 years of selling albums with Bitcoin, rapper 50 Cent raked in over 8 million USD, including both the principal and profits.
According to TMZ, 50 Cent, a globally renowned rap artist, agreed to release the album “Animal Ambition” in 2014 and opted to receive Bitcoin instead of traditional currency. This marked the first instance of an artist and album being compensated with virtual currency. At that time, the value of Bitcoin was $662 per coin, and the artist earned approximately $400,000.
Since then, 50 Cent nearly forgot about his virtual assets. It was only recently that he recalled, and based on the current exchange rate (around $10,000 to $12,000 USD per coin), he now possesses over 8 million USD. If calculated at the peak rate of over $17,000 USD per coin a few months ago, his virtual assets would be even more substantial.
50 Cent proudly shared his fortune on Twitter on January 24th, receiving numerous congratulations from fans. Some fans even offered advice, suggesting the rapper invest in other cryptocurrencies as Bitcoin’s value is declining. Some proposed that their idol should invest in DeepOnion, as its value aligns with the artist’s name at 50 cents per coin.
