In a surprising turn of events, Grammy-winning rapper 50 Cent’s decision to accept Bitcoin as payment for his album ‘Animal Ambition’ ten years ago has proven to be a lucrative move. What initially seemed like an experimental choice has now translated into significant financial gains for the artist.

Back in 2014, 50 Cent, known by his real name Curtis Jackson, decided to offer his fifth album in exchange for Bitcoin, amassing around 700 Bitcoins. At that time, Bitcoin was valued at approximately $662 per unit, resulting in sales revenue of about $460,000.

Fast forward to 2024, and the value of Bitcoin has skyrocketed. Current data from Benzinga Pro indicates that each Bitcoin is now priced at $68,973. This surge in value means that the Bitcoins acquired by 50 Cent a decade ago are now estimated to be worth a staggering $48 million.

Although 50 Cent initially acknowledged his Bitcoin holdings, he later refuted owning any in a bankruptcy filing, creating a buzz about the volatility and unpredictability of the cryptocurrency market.

50 Cent’s foray into Bitcoin highlights the potential of digital assets as reliable stores of value. Bitcoin has exhibited remarkable growth over the past ten years, multiplying its value by over 100 times. Despite enduring various bear market cycles, including a significant downturn following the FTX collapse, Bitcoin has consistently bounced back.

Notably, 50 Cent is not the only figure in the music industry to embrace cryptocurrency. Rapper Snoop Dogg has also shown public support for digital currencies, indicating a growing trend of artists exploring the world of cryptocurrencies.