Is This $11 Million Yacht The Most Expensive Thing You Can Buy With Bitcoin?

A yacht priced at 22,305.134 BTC ($11,000,000) may be the most expensive bitcoin product ever.

Apr 17, 2014 at 11:41 a.m. UTC
Updated Sep 11, 2021 at 10:40 a.m. UTC

A brand new 120’ tri-deck mega yacht, due to be completed next month, may be the most expensive thing you can buy with bitcoin.

With a hefty asking price of 22,305.134 BTC (or $11m), this yacht is being advertised on BitPremier, an online bitcoin-only luxury marketplace.

The yacht comes equipped with a fly bridge and bridge deck, sky lounge, master stateroom, two VIP staterooms, a VIP Head, two guest staterooms, two guest heads and a dining room – among other features.

It build is still in its final stages, so if you were considering splashing out you'll be able to customize the final details to accommodate your needs.

The mega yacht is currently being furnished with brand new equipment at the shipyard.

If this is slightly out of your budget, you can always rent a yacht with your bitcoin from luxury yacht service The Advantaged Yacht Charter and Sales in Miami Beach.

The company has 26 boats ranging from $1,200 to $18,000. They officially started accepting bitcoin in October 2013, but their first bitcoin booking came this February.

Other extravagancies on BitPremier

The mega yacht’s asking price may sound like it is going to have a hard time selling, but BitPremier has successfully sold many other high-value items in the past.

This includes a $500,000 villa in Bali which found a buyer back in March. The 3,000-square-foot villa at the delMango Villa Estate was the site's most expensive item sold, until now.

That's one reason Silbert reckons this yacht will end up selling:

"A year ago, selling a villa in Bali for bitcoins seemed far fetched, but we were able to successfully facilitate that sale, so who knows what the future will bring? A lot depends on the price of bitcoins."

Other items currently listed on the site include Victoria’s Secret Fashion Show tickets priced at $19,600 (40.087 BTC), a sub orbital space travel trip for $100,000 (204.96 BTC), and a 3.01 carat natural diamond for $260,000 (526.316 BTC).

BitPremier was founded in May 2013 by Alan Silbert, the brother of SecondMarket CEO Barry Silbert.

Images courtesy of BitPremier 

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