Laszlo Hanyecz spent significantly more on pizzas than the famous 10,000 BTC

Laszlo Hanyecz — a name that has become a legend in Bitcoin — made the first officially documented purchase with cryptocurrency. However, the creator of this historic transaction recently revealed details that significantly change our story about pizza and Bitcoin.

From mining cryptocurrency to the first purchase

On May 22, 2010, Laszlo Hanyecz bought two pizzas for 10,000 BTC. This event became a symbol of Bitcoin’s transition from a purely technical project to a means of real-world payment. Every year, the community remembers this day, marking the moment when cryptocurrency was first used as a payment method.

More than 10,000 coins

But the most interesting fact was revealed by Laszlo himself. According to him, he mined about 100,000 BTC in the early days of Bitcoin’s development. “I probably spent half on pizza, and the other half I gave away or sold for other things. I probably made a few thousand dollars from all this. But it was enough to buy a new computer with Bitcoin,” Hanyecz shared. It turns out that the actual cost of the pizzas was not 10,000 but approximately 50,000 BTC.

Porting to MacOS: a contribution more important than pizza

Laszlo himself considers a much more significant event in his life to be when he ported Bitcoin from Windows to MacOS. Satoshi Nakamoto, who developed the original code on Windows, asked him to adapt the software for Apple systems. “Satoshi didn’t know how to build for Mac. I did it, and my source code was uploaded to the network,” Hanyecz explained. This technical work allowed Bitcoin to spread among Mac users and made a significant contribution to the development of the ecosystem.

Against the current BTC price of $71,100, the 50,000 BTC that Laszlo spent on pizza would be worth over $3.5 billion today — a figure that vividly demonstrates the scale of his unintended investment decision back in 2010.