The 28-year-old musician, perhaps best-known for his debut single “Crank That,” debuted a new song about bitcoin in his latest album “Young Draco.” Simply titled “Bitcoin,” the track describes how Soulja “made [$1] million off of bitcoins” after seemingly buying in at $6,000.
“Man, this going crazy the cryptocurrency man,” the lyrics begin, continuing:
“I made 100 racks off of bitcoin (bit)
You can catch me trapping with the bitcoin (bit)
You can catch me running up the bitcoin (yeah)
I spent 6,000 on the bitcoin”
(Urban Dictionary defines “100 racks” as being $100,000.)
Soulja later indicates he may be paying bands using cryptocurrency, or at least his gains from his holdings (“I’m doing shows [?] feeling me … running up the bands on cryptocurrency”), before referencing sending transactions through PayPal and the Cash App.
He also references owning litecoins, though he does not provide any firm details in the song about his holdings.
Soulja is the latest musician to reference cryptocurrencies, with Mims, Snoop Dogg, 3lau and Young Dirty Bastard all getting involved in the space through various projects or performances.
Most recently, bitcoin even played a cameo on Eminem’s new album “Kamikaze.”
Royce Da 5’9′, a guest artist on “Not Alike,” notes that “now everybody doing bitcoin” on the track – he wasn’t kidding.
Soulja Boy image via hurricanehank / Shutterstock