A cryptocurrency entrepreneur who had bought a piece of conceptual art consisting of a simple banana, duct-taped to a wall, for $6.2 million last week ate the fruit in Hong Kong on Friday.

Justin Sun, founder of cryptocurrency platform TRON, bought the banana artwork during a Sotheby's art auction in New York last week.

The vendor who sold the banana received only a quarter for the fruit. The buyer of the conceptual work has offered his stand a bigger payday, but logistical problems may be in the way.

Crypto entrepreneur Justin Sun ate the pricey snack at a news conference where guests were given bananas and duct tape to create their own versions.

Justin Sun uploaded a video of himself eating the $6.2 million absurdist piece conceptualized by Italian artist Maurizio Cattelan.

Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an artwork featuring a banana duct-taped to a wall -- by eating the fruit. On Friday Sun denied that the investment -- which made him the largest investor in the project -- was an attempt to influence Trump or American politics.

The Italian artist who created the banana duct-taped to a wall that sold this week for $6.2 million, said in an interview published on Friday that the work was a "provocation" and an invitation to appreciate the true value of art.

A piece of conceptual art consisting of a banana duct-taped to a wall sold for $6.2 million at an auction in New York on Wednesday.

Chinese-born Justin Sun paid $6.2million for a piece of artwork consisting of a banana duct-taped to a wall and ate the fruit in Hong Kong

Chinese-born cryptocurrency entrepreneur Justin Sun ate the banana that was part of the $6.2 million artwork that he bought during a recent Sotheby's auction in New York City.