He spent $69 million on an NFT. Five years on, he believes in digital art more than ever [CNN]
Liberty Media Corporation - Series C Liberty Formula One (FWONK)
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Source: CNN
Wearing his favorite T-shirt for the occasion, he had stayed up through the night on his iMac, at home alone, watching rival bids trickle in. A row of Starbucks coffee cups lined the desk beside him; backup computers waited nearby, in case the Christie's auction website stuttered at the crucial moment. It heaved under the weight of 22 million visitors who tuned in to watch the historic sale's final moments. Two weeks earlier, the auction had opened at just $100. Online bids moved slowly at first, but Indian crypto investor Sundaresan privately suspected they might eventually exceed $10 million. Then a sudden flurry of late offers — more than 180 from 33 different bidders in the final hour — saw the price soar far beyond anyone's wildest predictions. The artwork Sundaresan ultimately paid $69,346,250 for in March 2021 was not a Van Gogh or a Picasso. It was a jpeg called “Everydays: The First 5000 Days,” a collage of 5,000 satirical, often dystopian virtual drawings by Beeple, the
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