50 Cent’s gamble on Bitcoin has paid off properly after the Queens rap legend discovered his investment in the cryptocurrency is now worth millions.
Fif, whose real name is Curtis James Jackson III, admitted he had forgotten he even owned some of the controversial cryptocurrency. 50 let fans purchase his album Animal Ambition for just a fraction of a Bitcoin in 2014, when its price hovered around $662, with the rapper making 700 Bitcoin from sales.
The Bitcoin has remained untouched in his bank account for the past four years, reports say, and is now worth millions. Bitcoin’s price exploded to a high of above $19K in December last year but has fallen to just above the $11K mark in the early weeks of 2018. Despite the recent price fall, 50 Cent’s Bitcoin stash today is worth between $7M and $8.5M.
50 Cent confirmed the profitable investment return on social media, tweeting, “Not bad for a kid from South Side, I’m so proud of me.”
He later added, “Ima keep it real, I forgot I did that sh*t lol.”