Bitcoin Pizza Day Grows into a $1.1 Billion Festivity

Bitcoin Pizza Day Marks $1.1 Billion Milestone as BTC Hits New Peak

Fifteen years ago, 10,000 bitcoins bought two pizzas — a transaction that now symbolizes Bitcoin’s rise from niche experiment to global powerhouse, coinciding with today’s record-breaking BTC price.

On May 22, 2010, Laszlo Hanyecz made history by spending 10,000 BTC on two Papa John’s pizzas, then worth roughly $40. This simple purchase became the first documented use of Bitcoin for a commercial exchange, turning digital code into real-world value.

Fast forward to 2025, with Bitcoin smashing past $111,800, that same 10,000 BTC holds a staggering valuation exceeding $1.1 billion. At current prices, this amount could buy over 70 million pizzas — a playful reminder of how far crypto has come.

Hanyecz has expressed no regrets about the purchase, noting it helped Bitcoin become tangible and meaningful. He mined those coins back when BTC was just a fraction of a cent, never imagining the vast ecosystem it would become.

What began as a fun experiment has since evolved into a dynamic market where Bitcoin powers everything from real estate purchases to car sales — and even tax payments in some countries — cementing its place in modern finance.