Cent Just Remembered He Has $8 Million in Bitcoin

50 Cent has gone from bankcruptcyin 2015 to a bitcoin millionaire

He later commented on his own post: "Ima keep it real, I forgot I did that shit lol". But now, since Bitcoin's value has gone up significantly, 50 Cent is looking at over $7.5 million in earnings from Ambition.

50 Cent won't have to die trying to get rich - thanks to a long-forgotten bitcoin stash, he's already got it covered. Not only did the rapper make a reported $100 million from his investment in Vitamin Water when it sold to Coca-Cola, but the Guardian reports he recently became a bitcoin millionaire-apparently without realizing it. He later posted on Instagram images of Bitcoin which suggested that indeed the report on TMZ was true. The game company Zynga accepted it for some purchases, as did Dell and electronics retailer Newegg - and by the end of the year, so did Microsoft. From $400,000 in 2014, now he is reportedly sitting on a whopping $7 to $8.5 million cash from bitcoins. In 2014, Bitcoins were priced between $770 at the start of the year but were trading at the mid $350 range by December 2014.

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Over the last 12 months, several celebrities have been paid to promote and endorse various virtual currencies on social media.

50 Cent released Animal Ambition through his G-Unit Records, along with Virgin's Caroline Records. Each bitcoin had a value of $662 so he made an estimated $463 000 in sales. The fact that he was ready to integrate Bitcoin into album sales was a big sign of trust and he has reaped the benefits. He received over 700 Bitcoins from the album, but then forgot about them.

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