Connect with us

We Speak Entertainment

50 Cent reportedly made millions selling his album for bitcoin

Published

on

                                                    The rapper 50 Cent accepted bitcoin as payment for his 2014 album, “Animal Ambition,” according to TMZ.
                               The 700 bitcoins he is said to have raked in are now worth $7 million to $8.5 million, and he reportedly hasn’t offloaded his stake yet.

50 Cent looks to have figured out a way to make a killing in the struggling music industry, and it involves everyone’s favorite cryptocurrency.
The rapper, best known for his string of chart-topping hits in the early 2000s, accepted bitcoin as payment for his 2014 album, “Animal Ambition,” according to a report from TMZ. The digital currency was worth roughly $662 a coin back then, and TMZ cited sources as saying 50 Cent was able to rake in 700 bitcoins.
Now that the red-hot cryptocurrency has exploded higher, trading at about $11,300, a 700-bitcoin stash would be worth $7 million to $8.5 million, TMZ calculates.
This wouldn’t be 50 Cent’s first time finding himself in a lucrative investment situation. About a decade ago, he became a minority shareholder and celebrity spokesman for VitaminWater, only to make a whopping $100 million after taxes after its parent company was purchased for $4.1 billion, according to Forbes.
While 50 Cent would certainly have been ahead of the curve in terms of transacting bitcoin, he would not be alone. In a recent op-ed article for Business Insider, the Seattle Seahawks superstar Richard Sherman said his online store started accepting the cryptocurrency “long before people were campaigning for Amazon to allow virtual currencies as a payment method.”

We Speak Celebrity News

Steve Blacknell’s Memoir is Pure Rock ’n’ Roll Mayhem

Published

on

Hold onto your leather jackets – the wildest ride of 2025 is here.

Steve Blacknell – TV face, radio voice, rock PR, and the man who dated Kate Bush – is dropping his bombshell memoir Tales From The Bedroom Wall on July 9th, and it is everything. The highs? Concorde with Phil Collins to Live Aid. MTV fame. Hanging with Alice Cooper, Lemmy, and David Cassidy – often in hot tubs or backstage chaos. The lows? Addiction. Broken hearts. A speedboat explosion!

His rollercoaster love life includes a marriage to iconic ‘60s groupie Catherine James, who once lived with Mick Jaggerand was Eric Clapton’s muse. But it’s not just name-dropping. Blacknell opens up about his bulimia, lost fortunes, and his long, winding path back to the love of his life, Maggie.

With a foreword from Bill Wyman and stories that read like a rockumentary on steroids, this memoir is as outrageous and addictive as the man himself.

Available July 9th from Old Treacle Press. Rock on.

www.steveblacknell.com

Continue Reading

Trending