Bitcoin Pizza Day celebrates a legendary transaction

Every May 22, the Bitcoin community celebrates one of crypto’s most iconic milestones: Bitcoin Pizza Day.

Back in 2010, Florida programmer Laszlo Hanyecz paid 10,000 Bitcoin for two Papa John’s pizzas worth $41. The transaction wasn’t direct—he posted an offer on the Bitcoin Talk forum, and another user accepted, ordering the pizzas for him.

At the time, it was a revolutionary proof of Bitcoin’s real-world utility.

From pizza to billions: Bitcoin’s incredible rise

That original 10,000 BTC used for two pizzas? Today, it would be worth over $1.1 billion.

Despite the massive value lost, Laszlo has said he doesn’t regret it. His goal was to show that Bitcoin could be used as real currency. He even continued using Bitcoin to buy pizza, reportedly spending over 100,000 BTC in total.

This moment is now part of crypto folklore—a reminder of how innovation often starts small.

Bitcoin Pizza Day becomes global crypto tradition

Bitcoin Pizza Day is more than a historical footnote. It’s a global celebration in the Bitcoin world.

Crypto enthusiasts mark the occasion with memes, pizza parties, and by paying for real pizzas in Bitcoin. It’s a tribute to how far the coin—and the technology behind it—has come since 2010.

It’s also a humorous lesson in the power of HODLing.

Bitcoin hits all-time high ahead of Pizza Day

In a twist of poetic timing, Bitcoin smashed through a new all-time high of $111,544 on May 21—just one day before Pizza Day.

This price surge pushed Bitcoin’s total market cap above $2.2 trillion. Trading volume also spiked, with over $76 billion changing hands in just 24 hours.

The timing has only added to the celebratory mood across the crypto space.

Bitcoin growth fueled by adoption and halving buzz

Over the past year, Bitcoin has gained 58%. In the last month alone, it’s up more than 25%.

This rally is being driven by rising institutional adoption, growing global instability, and anticipation around the next Bitcoin halving event.

With 19.86 million BTC already mined, the supply is closing in on the 21 million coin cap, adding to the bullish sentiment.

What Bitcoin Pizza Day really means for investors

Bitcoin Pizza Day isn’t just about pizza. It’s about vision, patience, and belief in disruptive innovation.

The story of spending 10,000 Bitcoin on pizza is both humorous and profound. It shows how technologies evolve—and how early adopters can shape history.

As Bitcoin continues to mature, this annual celebration reminds investors of just how far it’s come—and how far it might still go.