16 wild Bitcoin tales of rags to riches (and vice versa)

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Brock Pierce’s ocean liner

16 wild Bitcoin tales of rags to riches (and vice versa) 1
Credit: Wikimedia Commons / Ulflarsen

Former child star-turned-crypto billionaire Brock Pierce is the newest owner of MV Funcial, a historic ocean liner that operated as the official presidential yacht of Portugal during the 1960s and 1970s. Pierce, who popularly appeared in the 1992 film The Mighty Ducks, used his earnings from Bitcoin trading and investment to buy the boat for $1.9 million. And since he’s turning it into a five-star hotel and museum, Pierce has thus far spent $6.4 million for its repair and refurbishment.

“A 500-plus foot cruise ship that hasn’t been maintained in a long time because of everything going on? This sounds like it could be difficult, but I would like to learn about maritime law, that’s interesting,” Pierce told Page Six of his reaction when he got a call asking him he’s willing to save the ship. “You never know when you are going to need an ark.”

Source: Page Six