The winnings were traded at auction.
The Ukrainian Kalush Orchestra won the Eurovision Song Contest earlier this month with their song Stefania.
After the victory, the band announced the sale of a crystal Eurovision stand featuring a microphone.
The vertical has now been sold. It was bought by Whitebit, a company specializing in Bitcoin transactions, for as much as 838,000 euros.
The funds from the vertical will go to the PD 2 aircraft system used by the Ukrainian army.
This vertical is now sold. This is not a revolving prize, but visa winners always get their own stand. AOP
The Kalush Orchestra won the Turin Eurovision Song Contest with their Stefania song.
The band plans to tour Europe later this year. The money from the tour is to be used for the benefit of Ukraine and its army.
With the victory, visas will be owned by Ukraine, but it is likely that visas will not be held in the country due to the war.
Russia invaded Ukraine in February, and the war has continued ever since.