I know the guy, he talked about why he burnt it, and he has 2-3 more apes anyway. He did it knowing he was losing the ability to resell the ape, and believes long-term, it raises the value of his remaining apes, as he considers BAYC “blue chip” art, like banksy + Andy Warhol

To be fair, we never know how things shake out, where these things end up. It could end up like beanie babies, but with ongoing Yuga support, and their celebrity laced events, it was worth a gamble @ under $1000 for him

At that price he made his money back in luxury experience/event attendance already.