Bitcoin Pizza Day Celebrates $1.1 Billion Value as BTC Hits New Heights
Fifteen years ago today, Laszlo Hanyecz made crypto history by paying 10,000 bitcoins for two pizzas — a modest transaction now worth over $1.1 billion, marking a milestone as Bitcoin climbs to fresh all-time highs.
Back on May 22, 2010, 10,000 BTC was valued at just about $40 when Hanyecz ordered pizzas from Papa John’s. That simple act is credited as the first real-world Bitcoin purchase, symbolizing the cryptocurrency’s leap from an obscure digital concept to a recognized form of money.
With Bitcoin’s price surging past $111,800 this Thursday, those 10,000 bitcoins represent a staggering fortune, enough to buy upwards of 70 million pizzas today.
Despite the massive appreciation, Hanyecz has always viewed the transaction as a pivotal moment that made Bitcoin real, rather than a missed opportunity. He mined those coins when BTC was nearly worthless, long before anyone foresaw its future as a multibillion-dollar asset.
Today, Bitcoin’s practical use extends well beyond pizza—it’s increasingly used for buying homes, cars, and even paying taxes in some regions, illustrating the cryptocurrency’s growing integration into everyday commerce.
