Soulja Boy made a stunning announcement to his legions of adoring fans on Wednesday.

I am now the owner of Atari, the rapper revealed on Instagram.

He also disclosed that the company was set to buy his owngamingbusiness for a cool $140 million.

Atari claims Soulja Boy does not own the company

The first rapper to ever own a video game company.

It looked like a match made in heaven.

A struggling gaming firm had found a celebrated entrepreneur with the industry credentials to return it to past glories.

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Unfortunately, cracks have already appeared in the relationship.

He also says he came up with the idea of Facetime and was the first rapper on YouTube.

But in this case, Soulja Boyhas the receipts.

Soulja Boy pulls out receipts after Atari went out their way to say Soulja Boy was not the CEO ?

Well update this story if that changes.

Story byThomas Macaulay

Thomas is the managing editor of TNW.

He leads our coverage of European tech and oversees our talented team of writers.

Away from work, he e(show all)Thomas is the managing editor of TNW.

He leads our coverage of European tech and oversees our talented team of writers.

Away from work, he enjoys playing chess (badly) and the guitar (even worse).

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