scorecard
  1. Home
  2. entertainment
  3. Music
  4. Rapper 50 Cent confirms he accidentally made around $8 million in bitcoin: 'Ima keep it real I forgot I did that sh--'

Rapper 50 Cent confirms he accidentally made around $8 million in bitcoin: 'Ima keep it real I forgot I did that sh--'

John Lynch   

Rapper 50 Cent confirms he accidentally made around $8 million in bitcoin: 'Ima keep it real I forgot I did that sh--'
Entertainment1 min read

50 cent

Jared C. Tilton/Getty Images

50 Cent.

  • Rapper 50 Cent confirmed a TMZ report on Wednesday that he made millions in bitcoin for accepting the cryptocurrency for his 2014 album "Animal Ambition."
  • 50 Cent said in an Instagram post that he "forgot" about the bitcoin payments, which sat in his account for four years and, according to TMZ, are now worth between $7 million and $8.5 million.

 

Rapper 50 Cent on Wednesday confirmed a TMZ report that he made around $8 million in bitcoin by accepting the cryptocurrency as a payment for his 2014 album "Animal Ambition."

TMZ calculated that the 700 bitcoin 50 Cent received for the album in 2014, which sat untouched in his account for four years, would be worth between $7.5 million and $8.5 million today. 

50 Cent confirmed the report by posting a since-deleted screenshot of the TMZ article on Instagram, with a caption that read, "Not bad for a kid from South Side, I'm so proud of me." As The Verge notes, he later commented on the post: "Ima keep it real, I forgot I did that shit lol."

50 cent

Instagram

50 also took to Twitter with the TMZ article, adding a promotional hashtag for his new film "Den of Thieves":

Get the latest Bitcoin price here.>>


EXCLUSIVE FREE REPORT:
The Bitcoin 101 Report by the Business Insider Intelligence Research Team.
Get the Report Now »

READ MORE ARTICLES ON


Advertisement

Advertisement