F2Pool co-founder Wang Chun has revealed he bought a condominium in Pattaya, Thailand for simply 7 Bitcoin — a fraction of the two,900 BTC he initially paid for it in 2015.
A decade of alternative value
Chun purchased the condo in North Pattaya when bitcoin traded at roughly $270, valuing the acquisition at round $785,000 on the time.
He disclosed the sale in a publish on X, writing:
“In 2015, I bought this Naklua apartment in North Pattaya for 2900 BTC. It was the primary house I had ever owned… Yesterday, I bought this apartment for 7 BTC.”
Bitcoin has since surged to a peak above $126,000 in October 2025, which means the unique 2,900 BTC would have been price roughly $365 million at that prime — a value improve of round 46,500% from his buy value.
At present costs close to $67,000, those self same cash could be price roughly $194 million immediately.
Bitcoin vs. conventional belongings
The transaction additionally underscores bitcoin’s outperformance relative to conventional belongings over the identical interval.
Gold rose from round $1,200 per ounce in 2015 to above $4,500 immediately, a achieve of roughly 275%.
The S&P 500 priced in bitcoin tells a equally stark story — the index delivered a cumulative return of round 284% over the identical decade, features that pale towards bitcoin’s long-term value trajectory.
Crypto actual property choices reduce each methods
Chun’s story sits alongside a small however symbolic set of crypto-era actual property choices.
Binance founder Changpeng Zhao took the alternative method, promoting his Shanghai condo for about $900,000 and utilizing the proceeds to purchase bitcoin in tranches at a median value of roughly $600 per coin.
An early adopter on a Bitcointalk discussion board publish equally stated he bought his home for 648 BTC in 2014.
Throughout his time in Pattaya, Chun stated he obtained a Saint Kitts and Nevis passport and a US visa whereas constructing and launching F2Pool’s Zcash mining pool, describing the expertise as giving him “the braveness to discover a lot farther components of the world.”