In 2014 50 Cent Accpted Bitcoin for his album Animal Ambition Where he got 700 Bitcoins in Sale

in #story7 years ago

Hi everyone I just came across this article on tmz about 50 Cent selling his album for bitcoins in 2014 when bitcoin was just $662. Thought it was pretty interesting wanted to share it with you guys. 50 Cents made some wise decisions in business from vitamin water to this.
Heres the full article from TMZ below. 👇

“50 Cent took a chance on bitcoin years before anyone knew what cryptocurrency even was ... and it's paid off more than 7 million times over.

Rewind to 2014 and 50's album, "Animal Ambition," when the rapper became the first to accept bitcoin -- which was then valued at around $662/bitcoin -- as payment for his work. We're told customers could get a copy of the album for just a fraction of a whole bitcoin.

Our sources say "Animal Ambition" pulled in about 700 bitcoin in sales ... over $400k. We're told the cryptocurrency sat dormant in his account for years.

Fast-forward to today -- when bitcoin's value has fluctuated between $10k and $12k per coin. Turns out 50 is a money genius ... sitting on anywhere between $7 million and $8.5 million.”

Link to full article. 👇
http://amp.tmz.com/2018/01/23/50-cent-made-millions-bitcoin-animal-ambition-album

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guess hes not bankrupt anymore lol

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