50 Cent owns 8 mil USD worth of bitcoin! Wait, what!?

in #bitcoin6 years ago (edited)

Yes! That's right. The famous rapper owns a bitcoin wallet which sits untouched at 8 mil USD. (Not for long as it seems)

Back in 2014 he accepted bitcoin as a new payment method which he had no ideea about how cryptos work and how big they will become. He took a gamble and BTC was implemented on his website to purchase his newly released album "Animal Ambition", mainly to reach a wider fan base. This move got Curtis Jackson around 650-700 bitcoins which if you do the maths at current price of $11500... thats in the region of 8 million USD. At the time of the album release, bitcoin's price was only $670. To make matters more interesting he completly forgot about them until recently when he saw that the price hit 20k and he started to look for them.

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For full articles:

http://www.telegraph.co.uk/technology/2018/01/25/50-cent-becomes-accidental-bitcoin-millionaire-forgotten-investment/amp/

https://www.cnbc.com/amp/2018/01/26/50-cent-forgot-he-had-bitcoin-now-its-worth-over-7-million.html

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