Bitcoin Pizza Day: Who paid 10,000 BTC for Pizza? | CoinGape

Bitcoin Pizza Day marks a significant event in the crypto industry’s history, as it resulted in the first-ever commercial payment transaction for this digital asset. As clear as its name, it has something to do with Pizza, and someone had paid 10,000 BTC for that. Interestingly, the same 10,000 tokens are worth nearly $1 billion today. Let’s discuss the key details.

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Bitcoin Pizza Day Celebrates Laszlo Hanyecz’s BTC Transaction

The renowned Bitcoin Pizza Day is celebrated on May 22 and will mark the 15th anniversary tomorrow. It is celebrated by crypto enthusiasts and platforms all around the world, as the programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC, fifteen years ago.

Not only did he buy Pizza with a digital currency, but he also marked the first commercial usage of BTC in history. Sources reveal that, on May 22, 2010, Hanyecz utilized 10,000 BTC, equivalent to $42 at the time, to buy pizza, after he posted an offer on Bitcoin Forum for someone to order him Papa John’s Pizza for these 10,000 tokens.

Interestingly, Jeremy Sturdivant accepted it, making history. With that, they confirmed that this digital asset has a value outside of the internet world. From then, Bitcoin became the tool of solving traditional financial issues and has gained significant value over time.

With a legendary role in Bitcoin history, Laszlo Hanyecz is a well-known personality in the crypto industry. It is unclear if he still holds any of BTC, but experts believe that if he had, he could be a millionaire today.

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Evolution of Bitcoin From Nothing to 6th Biggest Asset

From the worth of $0.0041 for BTC to $109.1k at the beginning of the year, it has covered significant milestones. It includes institutional and retail buyers jumping on various trading opportunities. MicroStrategy recently bought 7,390 Bitcoin, and Metaplanet, among others, are doing the same.

Amid ongoing Senate Bills on Bitcoin Reserve among various US states, countries like Bhutan, El Salvador & others holding on BTC, it has become the 6th biggest asset after Gold, Microsoft, NVIDIA, Apple & Amazon, per Global ranking.


At present, a day before Bitcoin Pizza Day, BTC trades at $$106.6k with a market capitalization of $2.1T. Additionally, it has a TV of $54.97B and dominance of 63.1%, revealing its demand and impact in the crypto market.

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Frequently Asked Questions (FAQs)

1. Who is Laszlo Hanyecz?

Laszlo Hanyecz is a programmer who made the first ever commercial transaction of Bitcoin, exchanging 10,000 BTC for 2 pizzas.

2. How much are those 10,000 BTC worth today?

At the current Bitcoin price of $106k, they are worth $1 billion today.

3. What does the Bitcoin Pizza Day signify for the crypto industry?

It is among the biggest milestones for the crypto industry, as it signifies the adoption of BTC for real-world adoption and that has use cases outside of the Internet.

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