Today marks the 15th anniversary of "Bitcoin Pizza Day," and Bitcoin has surged past $110,000 this morning, setting a new historical high.
"Bitcoin Pizza Day" is the day when the first commercial transaction using Bitcoin took place. On May 22, 2010, programmer Laszlo Hanyecz from Florida bought two Papa John's pizzas for 10,000 Bitcoins, which were valued at about $40 at the time.
Fifteen years later, the value of that Bitcoin has increased to nearly $1 billion. Meanwhile, the market capitalization of Papa John's International, Inc. is currently only $1.655 billion.
