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What is Bitcoin Pizza Day? Two Papa John’s Pizzas, 10,000 BTC, and a Billion-Dollar Lesson

Published by
Anjali Belgaumkar

Today isn’t just any other day for the crypto world. It’s Bitcoin Pizza Day, a quirky, legendary anniversary that marks one of the most famous transactions in financial history. And in a fitting twist, Bitcoin hit a brand new all-time high today, soaring to $111,861.22 — making this year’s Pizza Day extra legendary.

Fifteen years ago, on May 22, 2010, a Florida-based programmer named Laszlo Hanyecz was craving pizza. Instead of paying in dollars, he made an unusual offer on a Bitcoin forum — 10,000 Bitcoins for two large Papa John’s pizzas. At the time, those Bitcoins were worth about $40.

Bitcoin’s Tastiest Trade Ever

A fellow forum user accepted the deal, placed the pizza order using his credit card, and had it delivered to Hanyecz’s doorstep. What seemed like a simple food trade became a historic moment. Because if you check today’s Bitcoin prices, those same 10,000 BTC would be worth over $1.07 billion. Yes — two pizzas for a billion bucks.

But it wasn’t about getting rich. Hanyecz was proving a point: that Bitcoin could actually work as money — something you could use to buy real, everyday stuff. And what better than pizza, the universal fuel for programmers and crypto enthusiasts alike?

Celebrating 15 Years of Pizza and Crypto

Since then, Bitcoin Pizza Day has become a fun, annual tradition. Every May 22, crypto fans around the world grab a slice, post pizza memes, and reflect on how far the industry has come — from an obscure internet experiment to a multi-trillion-dollar global market.

So whether you’re a seasoned Bitcoiner, a casual crypto holder, or just someone who loves a good pizza story, take a moment today to raise a slice in honor of Laszlo and that legendary order. Because sometimes, the simplest transactions can spark revolutions.

FAQs

Why is Bitcoin’s price up today?

Bitcoin’s price surge today is attributed to strong institutional interest, improving regulatory clarity (like the GENIUS Act), a U.S.-China trade deal, and a flight to alternative assets amid global market uncertainties and weak U.S. bond auctions.

Who was Laszlo Hanyecz?

Laszlo Hanyecz was the programmer who, on May 22, 2010, paid 10,000 Bitcoins (worth about $40 then) for two Papa John’s pizzas.

What was the value of 10,000 Bitcoins from the pizza transaction today?

As of today, May 22, 2025, those same 10,000 Bitcoins would be worth over $1.07 billion, highlighting Bitcoin’s massive growth.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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