Bitcoin Pizza Day: How Much BTC Worth Today?

May 22 might seem like an ordinary day for most people, but for the crypto community, it marks an iconic moment in history, Bitcoin Pizza Day. It’s not just about celebrating food and crypto, it's about recognizing the first-ever real-world transaction made using Bitcoin. 

On this day in 2010, a programmer named Laszlo Hanyecz made history by purchasing two large pizzas for 10,000 BTC. Let’s dive deeper into this story, why it still matters today, and what it tells us about how far Bitcoin and crypto in general has come.

The History of Bitcoin Pizza Day 

Back in 2010, Bitcoin was a niche project known mainly among developers and cryptography enthusiasts. Laszlo Hanyecz, a programmer based in Florida, was one of Bitcoin’s early adopters. 

On May 22, 2010, he posted on the Bitcointalk forum offering 10,000 BTC in exchange for two pizzas. A fellow user accepted the offer, ordered the pizzas from Papa John's, and had them delivered to Hanyecz.

The now-famous image shows Laszlo sitting with his kids and those two pizzas, completely unaware that he was making one of the most significant financial transactions in crypto history, now called Bitcoin Pizza Day.

Read More: Celebrate Bitcoin Pizza Day with Bitrue & Share $500 USDT

Bitcoin Pizza Day and BTC Worth Today

Source: Coinmarketcap

Bitcoin Pizza Day, 15 years ago, $10,000 BTC is only enough to buy two pizzas. At that time, Bitcoin was practically worthless in fiat terms. But fast forward to today, and the story takes a jaw-dropping turn.

At current prices, 10,000 BTC is worth more than $1.09 billion USD. As of now, those 10,000 BTC are worth over $1 billion USD. That’s right, $1,090,789,000 to be exact (based on current BTC market value).

Let’s break that down:

Date of transaction: May 22, 2010

Amount spent: 10,000 BTC

Item purchased: 2 pizzas

Current BTC price: $109,078 (approx)

Current value of 10,000 BTC: $1,090,789,000

That’s over $545 million per pizza, or roughly $68 million per slice if you divide it evenly.

Read More: What Can We Learn from the Bitcoin Pizza Day?

Why Bitcoin Pizza Day Still Matters

Bitcoin Pizza Day isn’t just a quirky anecdote, it’s a symbol of how far cryptocurrency has evolved. What once was considered "internet play money" is now a globally recognized financial asset.

Here’s why the day remains relevant:

1. Marks Bitcoin's First Use as a Currency: Before this transaction, Bitcoin had never been exchanged for a tangible good. This moment proved that BTC could function as digital money, a stepping stone toward mainstream adoption.

2. Reflects Innovation & Early Belief: Laszlo's bold move demonstrated real faith in the Bitcoin experiment. Without early adopters taking risks like this, Bitcoin might not have gained the momentum it did.

3. Highlights the Power of HODLing: If Laszlo had held onto those 10,000 BTC, he’d be a billionaire today. This event has become a cautionary tale (and meme) in the crypto world, reminding everyone about the long-term potential of digital assets.

4. Inspired Global Crypto Culture: Bitcoin Pizza Day is now a global event. Each year, communities, exchanges, and crypto fans celebrate by eating pizza, tweeting tributes, and sharing memes.

Bitcoin Impact on the Crypto Industry

Laszlo's pizza story sparked more than headlines. It signaled a transition point, from theory to practice. That 10,000 BTC pizza order proved Bitcoin could hold value, be traded, and operate outside the traditional financial system.

Since then, Bitcoin has been adopted by:

1. Companies like Tesla, Square, and MicroStrategy

2. Payment platforms like PayPal and Cash App

3. Governments, with El Salvador even declaring BTC legal tender

All of this growth traces its roots back to the day someone spent Bitcoin for pizza.

Read More: Bitrue Buys You Pizza - Celebration Continues!

Conclusion

Bitcoin Pizza Day is more than just a funny story, it’s a foundational moment in blockchain history. It symbolizes innovation, belief, and the unpredictable journey of digital currencies. 

Today, that 10,000 BTC pizza serves as a reminder that big changes often start with small actions. This day is the perfect time to reflect on how far we’ve come, and imagine where crypto is heading next.

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FAQ

Who is Laszlo Hanyecz?

Laszlo Hanyecz is a programmer known for making the first real-world transaction using Bitcoin, purchasing two pizzas for 10,000 BTC on May 22, 2010.

What is Bitcoin Pizza Day?

Bitcoin Pizza Day, celebrated on May 22 each year, marks the anniversary of the first BTC transaction for a physical good, two pizzas bought with 10,000 BTC.

How much is 10,000 BTC worth today?

At the current market value of around $109,078 per BTC, 10,000 BTC is worth approximately $1,090,789,000.

Why do people celebrate Bitcoin Pizza Day?

It celebrates the moment Bitcoin became usable as digital currency. It’s a fun way to look back at the origins of Bitcoin's journey into mainstream use.

What can we learn from this story?

The key takeaway is the value of early innovation and the power of long-term vision. Bitcoin went from a hobby project to a global financial movement, and it all started with two pizzas.