Bitcoin's Early Purchases Now Worth Millions
Bitcoin's meteoric rise has turned early investments into multimillion-dollar assets. From pizzas to luxury homes, here's how Bitcoin purchases have soared in value.
In 2010, someone spent 10,000 BTC on two Papa John's pizzas. Today, that's worth over $814 million. Similarly, a 1.4-acre plot near Lake Tahoe, bought for 2,739 BTC in 2014, is now valued at over $223 million. A one-bedroom condo in New York's Trump SoHo, purchased for 25,500 BTC in 2013, is worth over $2 billion today.
Fast forward to 2022, a lakefront mansion in Austin bought for 417 BTC is now worth over $33.9 million. A 7-bedroom house in Miami, bought for 500 BTC in 2021, is valued at over $37 million. Two SpaceShipTwo tickets, bought for 900 BTC in 2011, are now worth over $73 million. Even a Toyota Prius, bought for 1,000 BTC in 2013, is worth over $81 million today.
Luxury items haven't been spared either. A Benetti yacht bought for 290 BTC in 2022 would be worth significantly more in fiat currency if Bitcoin's price increases. A Bali villa, bought for 800 BTC in 2014, is now worth over $65 million. A 4-bedroom Miami penthouse, bought for 613 BTC in 2021, is valued at over $49.9 million. A 40m motor yacht, bought for 290 BTC in 2022, is now worth over $23.6 million.
These examples illustrate Bitcoin's potential as an investment. Early adopters who spent Bitcoin on everyday items or luxury assets have seen their purchases skyrocket in value. As Bitcoin's price continues to fluctuate, so will the worth of these early investments.
