Rapper Soulja Boy Brags About Bitcoin Gains in New Rap Track

Soulja Boy is diving head-first into the crypto world with a song titled "Bitcoin" off his latest track.

AccessTimeIconOct 5, 2018 at 9:00 p.m. UTC
Updated Sep 13, 2021 at 8:27 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Famous rapper Soulja Boy might just be a bitcoin hodler.

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

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.