Crypto entrepreneur Justin Sun eats $6.2 million-worth banana artwork: ‘Much better than…’

Crypto entrepreneur Justin Sun eats banana artwork worth $6.2 million: ‘Much better than…’ | Today News

Crypto entrepreneur Justin Sun eats banana artwork worth $6.2 million: ‘Much better than…’

Justin Sun ate the banana during a news conference in Hong Kong. He had bought it at an auction for $6.2 million.

Livemint

Updated29 Nov 2024, 07:17 PM IST
Chinese-born crypto founder Justin Sun eats a banana artwork composed of a fresh banana stuck to a wall with duct tape, in Hong Kong on November 29, 2024, after buying the provocative work of conceptual art by Italian artist Maurizio Cattelan at a New York auction for $6.2 million.
Chinese-born crypto founder Justin Sun eats a banana artwork composed of a fresh banana stuck to a wall with duct tape, in Hong Kong on November 29, 2024, after buying the provocative work of conceptual art by Italian artist Maurizio Cattelan at a New York auction for $6.2 million.(AFP)

You might think twice before eating a banana that cost you $6.2 million ( 52 crore). However, Justin Sun, a cryptocurrency entrepreneur, announced a date on which he planned to eat the banana, or the “art”, he bought for $6.2 million at an auction.

The artwork featuring a yellow banana duct-taped to a wall, created by renowned Italian artist Maurizio Cattelan, was sold for a staggering $6.2 million at a Sotheby’s auction. The controversial piece, titled Comedian, sparked global conversations about art, value and perception.

I’m thrilled to announce that I’ve bought the banana🍌!!! @SpaceX @Sothebys I am Justin Sun, and I’m excited to share that I have successfully acquired Maurizio’ Cattelan’s iconic work, Comedian for $6.2 million,” Justin Sun posted on X.

Also Read | Crypto industry jockeys for seats at Trump’s promised council

He explained, “This is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. I believe this piece will inspire more thought and discussion in the future and will become a part of history.”

“I am honored to be the proud owner of the banana 🍌 and look forward to it sparking further inspiration and impact for art enthusiasts around the world,” Sun said.

Later, he announced that he would eat the banana on November 29. “The banana will be eaten on November 29, 2024, at 2:00 PM GMT+8. Stay tuned,” he informed.

Also Read | Bitcoin nears $100,000 mark on optimism of US shifting to crypto-friendly norms

Justin Sun kept his word. The entrepreneur ate the fruit during a news conference in Hong Kong where he used the moment to draw parallels between the artwork and cryptocurrency. “Eating it at a press conference can also become a part of the artwork’s history,” Sun was quoted by BBC as saying. “It’s much better than other bananas,” he added.

Also Read | ‘But no return’: Anupam Mittal’s witty response on Zepto, Shaadi.com ad collab

According to the report, each attendee at the event on Friday was given a banana and a roll of duct tape as a souvenir.

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First Published:29 Nov 2024, 07:17 PM IST

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