Bitcoin Pizza Day Hits $1.1B Valuation in Annual Celebration

Bitcoin Pizza Day Hits $1.1 Billion Milestone as BTC Reaches New Record

On this day 15 years ago, Laszlo Hanyecz famously spent 10,000 bitcoins to buy two pizzas, a transaction that has since become legendary in crypto history. Fast forward to 2025, and that same amount of Bitcoin is now worth over $1.1 billion, coinciding with BTC’s latest all-time price surge above $111,800.

The May 22, 2010 purchase was the first documented case of Bitcoin being used to buy a real-world product, turning it from a niche digital experiment into a tangible currency.

At current prices, those 10,000 bitcoins could purchase more than 70 million pizzas, underscoring the massive growth of the digital asset.

Though some might call it a missed fortune, Hanyecz has embraced the moment as a key milestone that helped legitimize Bitcoin. He mined the coins when Bitcoin’s value was almost negligible and never expected it to become the multibillion-dollar asset it is today.

Now, Bitcoin is accepted far beyond pizza shops — from real estate deals to vehicle purchases and even tax payments in some countries, demonstrating its expanding role in global finance.