22.05.2025 13:42
On the 15th anniversary of Bitcoin Pizza Day, the value of the two pizzas purchased for 10,000 BTC in 2010 has exceeded 1.1 billion dollars today.
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Exactly 15 years ago, on May 22, 2010, Bitcoin Pizza Day made history when a developer named Laszlo Hanyecz purchased two pizzas for 10,000 Bitcoin (BTC). This year, on its anniversary, it is in the spotlight with a new financial milestone. The total value of these Bitcoins, which were worth about 40 dollars at that time, has now surpassed 1.1 billion dollars. This striking increase in value also indicates that the individual price of Bitcoin has exceeded 111,800 dollars.
Paid a Fortune for 2 Pizzas with 10,000 Bitcoin
This pizza transaction carried out by Laszlo Hanyecz is considered a turning point in the history of cryptocurrency as it is the first commercial transaction recorded with Bitcoin. This purchase is seen as one of the most critical steps in Bitcoin's transformation from merely a digital code to a medium of exchange that can be used for tangible value. When calculated at the current exchange rate, the fact that more than 70 million pizzas could be ordered today with the 10,000 BTC paid that day highlights the extraordinary appreciation over time.
Although Hanyecz has faced comments over the years suggesting that he "missed out on a great fortune" due to this transaction, he approaches the matter from a different perspective. In a speech he gave in 2019, Hanyecz stated that this purchase made Bitcoin a "concrete" and "real" phenomenon for him. Hanyecz, who mined Bitcoin at costs even below a cent at that time, emphasized that no one could have predicted that this digital asset would reach a trillion-dollar market value in the future.
This symbolic pizza purchase remains a cultural milestone that demonstrates that digital currency can be used as a means of payment in the real-world economy. Today, Bitcoin has evolved far beyond pizza purchases and has become an asset accepted for large-scale purchases such as real estate and cars, and even for tax payments in some countries for a short period. Celebrated every year, Bitcoin Pizza Day strongly reminds us that this pioneering cryptocurrency is not just an object of investment and speculation, but also a functional medium of exchange. Finally, Bitcoin broke its all-time high record of 111,861.22 dollars during the day. In other words, the 10,000 BTC that Laszlo Hanyecz paid for 2 pizzas 15 years ago is worth exactly 1 billion 118 million 612 thousand 200 dollars at today's prices.
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