“From $41 to $1.1 Billion: The $10,000 Bitcoin Pizza That Shook the World”
On May 22, 2010, Laszlo Hanyecz made history by purchasing two Papa John’s pizzas for 10,000 bitcoins. At that time, the total value of the 10,000 BTC was approximately $41, making each bitcoin worth about $0.0041.
This transaction is celebrated annually as “Bitcoin Pizza Day” and is recognized as the first documented real-world purchase using bitcoin. It marked a significant milestone in the adoption of cryptocurrencies, demonstrating bitcoin’s potential as a medium for everyday transactions.
As of May 22, 2025, the value of those same 10,000 bitcoins has skyrocketed to over $1.1 billion, with bitcoin trading at approximately $111,000 per coin.
#vairal2025