14th Anniversary of Bitcoin Pizza Day: 10,000 BTC for Two Pizzas Now Worth $700 Million

May 22, 2024, 12:00 PM

Today marks the 14th anniversary of Bitcoin Pizza Day, commemorating the first real-world transaction using Bitcoin. On May 22, 2010, Floridian programmer Laszlo Hanyecz made history by purchasing two Papa John's pizzas for 10,000 BTC. At the time, the 10,000 BTC was worth approximately $30. Today, that same amount of Bitcoin is valued at around $700 million. This event is celebrated annually as a significant milestone in the adoption and use of Bitcoin for everyday transactions. Hanyecz's transaction was arranged through the BitcoinTalk forum, and the pizzas are now famously associated with the creation of