Wang Chun sells Thai apartment for 7 BTC, originally purchased for 2,900 BTC in 2015

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Today’s BTC news reports that F2Pool co-founder Wang Chun sold an apartment in Pattaya, Thailand, for 7 BTC. The property was purchased in 2015 for 2,900 BTC and served as his first real estate investment. Wang lived there for two years and launched a Zcash mining pool. He later moved to Bangkok, Seoul, and Europe to expand his business. This BTC update underscores a significant shift in his asset portfolio over nearly a decade.

Odaily Planet Daily report: Wang Chun, co-founder of F2Pool, stated on social media that he has sold an apartment in Pattaya, Thailand, for 7 BTC. He noted that the property was purchased in 2015 for approximately 2,900 BTC and was his first real estate investment.

He recalled living in the apartment for approximately two years, during which he set up and launched a Zcash mining pool. He later moved to Bangkok, Seoul, and various locations in Europe to further his endeavors.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.