Hot 21 Radio

Money Man made history, becoming the first rapper to receive an advance in Bitcoin currency, and Meek Mill wants a piece of the action.

Meek Mill Wants To Follow In Money Man's Bitcoin Footsteps To Solve Label Money Woes Published on:Nov 10, 2021, 9:13 AM by 1 Meek Mill became the latest rapper to vent his frustrations with his current label deallast month, and hes looking for ways to solve the problem. He may have just found the answer in one of his peers, Money Man who recently made history as the first artist to receive his label advance via Bitcoin On Tuesday (November 9), Meek Mill took to his Instagram Story to shout out the Atlanta rapper for the groundbreaking move while also expressing his desire to join the new club. Ima get my next record deal paid in bit coin behind @moneyman, Meek wrote in his Story along with a screenshot of the $1,002,912 Money Man received from his advance. A post shared by Our Generation Music (@ourgenerationmusic) EMPIRE announced on Tuesday they are now giving artists the option to receive advances in Bitcoin through Cash App. Money Man became the first artist to join the new wave, and its fitting, especially with his new single Blockchain catching steam. Money Man took home a $1 million advance through the digital currency, which is about 15 Bitcoin at current valuation, or the equivalent of around $68,000 per digital token. The Atlanta native used profits from his early investments in Bitcoin to help buy himself out of his deal with Cash Money Records, and Meek is taking notice. Read more