This Is the Most Expensive Thing Ever Purchased With Bitcoin

Before a new study revealed that a condo in Trump SoHo is the most expensive thing ever purchased with Bitcoin to the tune of $2,076,885,240 in 2024.

A study by Cryptocurrency tax software, CoinLedger has highlighted the most notable purchases made using Bitcoin over the years. The study examined the value of these purchases in contrast to Bitcoin's value in 2024 to determine the final ranking.

The most expensive item bought using Bitcoin was a Trump SoHo condo. In July 2013, the owner of a one-bedroom home in the Trump SoHo condo hotel listed the property for sale on the condition that it should be purchased exclusively using Bitcoin. Now known as The Dominick, the 46-story hotel offers luxury apartments and is known for its sought-after location. The property was eventually sold for 25,500 Bitcoin (BTC), valued at around $2 million at the time. In 2024, those Bitcoins are now worth a staggering $2,076,885,240 at the time of writing, making it the most expensive recorded Bitcoin purchase.

The second-place purchase was the infamous Bitcoin pizza purchase. In May 2010, programmer Laszlo Hanyecz spent 10,000 Bitcoin on two Papa John’s pizzas – which has since been recognized as the first recorded Bitcoin purchase. While Bitcoin was only valued at around $40 at the time, it would now be worth around $814,464,800, making these two pizzas the second-highest Bitcoin purchase in history. Hanyecz has since stated that he has no regrets about the pizza purchase and is simply happy to have a place in Bitcoin’s history.

A property in Lake Tahoe was sold for around 2,739 BTC in August 2014, which was then the equivalent of $1.6 million in Bitcoins. However, this would now be valued at around $223,081,909 in 2024. The buyer of the 1.4-acre plot of land later expressed regret over the purchase.

A Toyota Prius was named the fourth most expensive Bitcoin purchase and is regarded as the most expensive car ever bought using cryptocurrency. In February 2013, investor Michael Tozoni bought the second-hand car with 1,000 Bitcoins, which was valued at around $22 at the time of purchase. However, this is now worth a staggering $81,446,480 at the time of writing. Tozoni has since expressed regret over the hasty purchase and states that this purchase should be seen as a lesson in making sensible investments.

Two tickets for SpaceShipTwo were named the fifth most expensive Bitcoin purchase. In March 2014, the Winklevoss twins paid around 900 BTC to reserve seats on Richard Branson’s Virgin Galactic’s SpaceShipTwo rocket plane, which was then the equivalent of around $510,273. At the time of writing, the Winklevoss’ Bitcoin would now be valued at around $73,301,832 and the twins are yet to make a trip to space. Tyler Winklevoss has since stated that he would never make that mistake again and has compared the moment to Hanyecz’s Bitcoin pizza purchase.

A brand-new luxury villa in Bali went for 800 Bitcoins in March 2014, the equivalent of around $500,000. At the time of writing, 800 BTC is now valued at around $65,157,184, making it one of the most expensive purchases in Bitcoin’s history. A penthouse buy in June 2021 – a four-bedroom penthouse located in Miami’s Surfside neighborhood – was sold for around 613 BTC, which was then valued at $22.5 million in cryptocurrency. At the time of writing, this purchase is now valued at around $49,953,640. In December 2022, the property was sold again for $18 million.

In February 2018, Michael Komaransky sold a luxury seven-bedroom property in Miami for around 455 BTC, the equivalent of around $6 million. When Komaransky put the house up for sale, he stated that he would be happy to accept the money in either traditional currency or Bitcoin as a way of showing that real-world goods can be purchased using cryptocurrency. At the time of writing, 455 BTC would now be valued at around $37,058,148, making it one of the costliest purchases in the ranking.

A lakefront mansion in Austin, Texas was sold by media executive Scooter Braun for around 417 BTC in March 2022, which was then the equivalent of $18.5 million. This