Bitcoin Pizza Day is celebrated every year on May 22 to mark a historic moment in cryptocurrency history — the first-ever real-world purchase using Bitcoin. On this day in 2010, programmer Laszlo Hanyecz bought two pizzas in exchange for 10,000 BTC.
At that time, those Bitcoins were worth around $42. Today, the same amount is valued at more than $1 billion, with Bitcoin trading above $106,000.
The Transaction That Made History
Back on May 22, 2010, Laszlo Hanyecz posted an offer on the Bitcoin Forum, asking if someone could get him two Papa John's pizzas in exchange for 10,000 BTC.
A man named Jeremy Sturdivant responded and accepted the deal, buying and delivering the pizzas to Hanyecz. This simple transaction made history as the first commercial use of Bitcoin, proving that BTC had real-world value beyond online discussions and theoretical use.
Current Market Snapshot
As of today, just before the 15th anniversary of Bitcoin Pizza Day:
Bitcoin Price: $106,468.14
Market Cap: $2.1 trillion
Trading Volume (24h): $54.97 billion
Market Dominance: 63.1%
These numbers show just how far Bitcoin has come since that first pizza order — from being seen as an internet experiment to becoming a key player in the global economy.
For a more detailed Bitcoin price prediction 2030, check out our full analysis!
Why This Day Matters
Bitcoin Pizza Day is more than just a quirky celebration. It marks the beginning of Bitcoin’s journey from an experimental idea to a global financial asset. What started as a $42 pizza order is now seen as the foundation of an entire financial revolution.
Laszlo Hanyecz, despite "spending" what’s now worth over a billion dollars, is celebrated as a pioneer in crypto adoption. While it’s unclear whether he still holds any BTC, if he had saved even a small portion, he'd be a millionaire today.
Bitcoin’s Rise: From Pennies to Powerhouse
When the pizza transaction happened, 1 BTC was worth just $0.0041. Today, Bitcoin has reached highs of $109,000, making it the 6th largest asset in the world — behind only Gold, Microsoft, NVIDIA, Apple, and Amazon.
This growth reflects the increasing interest from both institutional and retail investors. Companies like MicroStrategy have recently bought thousands of BTC, and even countries like El Salvador and Bhutan have added Bitcoin to their reserves.
Bitcoin Pizza Day reminds us how innovation often starts with simple acts. What seemed like a fun pizza purchase has become a defining moment in financial history. As Bitcoin continues to evolve, that legendary transaction serves as a symbol of how far the crypto world has come — and where it might go next.
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