50 Cent Forgot About Bitcoin Stash Now Worth $8.5M

in #cryptocurrency7 years ago (edited)

image
Rapper 50 Cent just realized he had more money stashed away than he thought. He totally ‘forgot’ about a bitcoin collection that’s now worth millions, reports say.

50 Cent is the first rapper to accept the Bitcoin as payment for his 2014 “Animal Ambition” album, according to TMZ. At the time, each BTC was worth $662, leaving 50 Cent with 700 BTC valued at approximately $463,000 in sales.

He left the money in his account for years, and the current value of each coin is now over $11,000. That brings the musician’s new total to $7 million. And apparently, he didn’t notice until recently.

In a now-deleted Instagram post of TMZ’s article, he wrote "Not Bad for a kid from South Side, I'm so proud of me." He also added a comment below the upload that read “I’m a keep it real. I forgot I did that.”