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Crypto OG Wang Chun’s Costly Bet: 2,900 BTC Apartment Now Sells for 7 Bitcoin
Key Takeaways
In crypto, time can completely flip the value of things—and few stories show that better than this one.
Wang Chun, co-founder of major mining pool F2Pool (known online as satofishi), has just sold his Naklua condo in North Pattaya, Thailand, for 7 BTC.
Back in 2015, he bought the same property for 2,900 BTC.
The Historic Purchase and Staggering Shift
In 2015, when Bitcoin was trading between $200 and $400, Wang Chun spent 2,900 BTC—roughly $650,000 at the time—on his first home.
It wasn’t just a purchase. It became a turning point.
Chun lived in the condo for about two years, using it as a base while building out his work in crypto...