Close Menu
    What's Hot

    Dogecoin (DOGE) Targets 46% Surge Amid $26K Charity Initiative at Indy 500

    Ton Station Daily Combination for May 26, 2025

    SUI Anticipates 41% Surge Following Bullish Flag Formation Despite $223 Million Cetus Hack

    Facebook X (Twitter) Instagram
    • Home
    • NEWS
    • BITCOIN
      • ALTCOIN
      • ETHEREUM
      • BLOCKCHAIN
      • BITCOIN
    • DEFI
    • NFT
    • POLICY
    • OPINION
    • All Posts
    X (Twitter) Telegram
    NEXTGEM
    Subscribe Now
    HOT TOPICS
    • HOME
    • CRYPTOCURRENCY
    • PRESS RELEASES
    NEXTGEM
    You are at:Home » Bitcoin Pizza Day: The Transformation of a $41 Pizza into a $300 Million Cryptocurrency Legend
    BITCOIN

    Bitcoin Pizza Day: The Transformation of a $41 Pizza into a $300 Million Cryptocurrency Legend

    By adminMay. 16, 2025004 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Email
    Bitcoin Pizza Day: The Transformation of a $41 Pizza into a $300 Million Cryptocurrency Legend
    Bitcoin Pizza Day: The Transformation of a $41 Pizza into a $300 Million Cryptocurrency Legend
    Share
    Facebook Twitter LinkedIn Pinterest Email

    HTX Launches Special Campaign for Bitcoin Pizza Day

    HTX, a cryptocurrency exchange, has kicked off a special 14-day campaign to celebrate Bitcoin Pizza Day, one of the most iconic anniversaries in crypto history. From May 13 to May 26, HTX users can participate in a “Surprise Gifts” giveaway worth over $200,000. The rewards will be distributed daily through the HTX app, starting at 02:00 UTC each day.

    The $300 Million Pizza That Started It All

    HTX aims to use this campaign to honor Bitcoin’s most historic purchase. To understand why this event matters, one must revisit the moment that gave birth to Bitcoin Pizza Day—a simple pizza purchase that became the first real-world Bitcoin transaction. It happened on May 22, 2010. A programmer named Laszlo Hanyecz, an early Bitcoin developer, posted on the BitcoinTalk forum offering 10,000 BTC in exchange for two pizzas. At the time, Bitcoin was an obscure digital currency, largely confined to niche online communities, and 10,000 BTC was worth only about $41.

    Laszlo didn’t want to mine Bitcoin endlessly without using it for something tangible. His request wasn’t directed at a restaurant—it was to the community. He logged onto the BitcoinTalk forum and made an unusual offer:

    “I’ll pay 10,000 bitcoins for a couple of pizzas… like maybe 2 large ones so I have some left over for the next day.”

    174775303172783

    Soon, a 19-year-old user named Jeremy Sturdivant (known as “Jercos”) responded. Jeremy ordered two large Papa John’s pizzas for Laszlo and delivered them straight to his door. In return, Laszlo transferred 10,000 BTC to him.

    No apps, no QR codes, no KYC, just two nerds making a deal over the internet, fueled by curiosity and carbs. And just like that, the first real-world Bitcoin transaction was born. Today, those 10,000 bitcoins would be worth more than $1.037 billion.

    174775303178846

    The Developer, the Teen, and the Billion-Dollar Deal

    Laszlo Hanyecz wasn’t just the guy who bought the world’s most expensive pizza—he was also a key contributor to Bitcoin’s early codebase. He developed one of the first GPU miners and helped port Bitcoin’s code to Mac OS. At the time, though, he simply wanted to use Bitcoin in a real-world scenario. His goal was to prove it could function like money. In fact, after that first transaction, he reportedly spent another 100,000 BTC on pizzas that same summer.

    On the other side of the deal, Jeremy Sturdivant didn’t become a millionaire. Like many in the early crypto scene, he didn’t expect Bitcoin’s astronomical rise. He later revealed that he spent the 10,000 BTC on travel expenses for a business trip. In a 2013 interview, he noted that it felt like a simple exchange, no different than trading any other currency for goods. At that time, Bitcoin was just beginning to show its potential.

    You May Also Like: Crypto Comedy! Bitcoin Pizza Sold for $40 Are Now Worth $700M

    Why May 22 Became Bitcoin Pizza Day

    Each year on May 22, crypto users around the world mark the anniversary of this landmark event. Bitcoin Pizza Day has become a day of reflection and celebration. It’s a reminder of how far Bitcoin has come—from a little-known software project to a global financial instrument. It also stands as a humorous and humble lesson about value, hindsight, and innovation.

    Many celebrate the day by buying pizza with Bitcoin, organizing local meetups, or joining global events. In 2021, the CryptoBootcamp Community hosted Pizza Day events across African cities like Abuja and Kampala. In 2023, CryptoBillis organized what was billed as “Probably, The Largest Bitcoin Pizza Party in the World” in collaboration with Polygon Guild Malaysia and other partners.

    HTX’s campaign is just a part of this ongoing tradition. By offering crypto rewards and collaborating with key projects, HTX brings together the community in a fun and meaningful way.

    Bitcoin Pizza Day isn’t just about looking back at a $1.037 billion meal. It’s a reminder of what Bitcoin represents. When Laszlo made that purchase in 2010, the world was still recovering from the 2008 financial crisis. Trust in traditional finance had been shaken. Bitcoin, with its decentralized design and fixed supply, offered a new model—an alternative to inflation-prone currencies and opaque financial systems.

    Today, Bitcoin has become a widely recognized asset. Moreover, with advances like the Lightning Network, people can now buy pizza and countless other goods using BTC with minimal fees and instant settlement. Thousands of merchants accept Bitcoin globally, and new infrastructure ensures that what began as a niche experiment is now a viable payment method.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleQuantum Computing Poses Risks to Bitcoin ETF Investors, According to BlackRock Brothers
    Next Article Galaxy Digital Goes Public on Nasdaq and Initiates SEC Discussions to Tokenize Shares Following $295 Million Loss

    Related Posts

    Pakistan Authorizes 2,000MW Power Allocation for Bitcoin Mining and AI Infrastructure

    May. 25, 2025

    Bitcoin ETFs Experience Significant Growth as BTC Price Exceeds $105K, With BlackRock and Fidelity Driving Inflows

    May. 20, 2025

    Moody’s Downgrades the US Government: Implications for Bitcoin

    May. 19, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Manchester City and OKX Initiate NFTConnected Jerseys

    Apr. 29, 202492 Views

    Manchester City and OKX Introduce Innovative NFTConnected Jerseys

    Apr. 29, 202452 Views

    Max Keiser Forecasts Total Devaluation Against Bitcoin

    Jul. 29, 202436 Views
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    SELECTED

    Dogecoin (DOGE) Targets 46% Surge Amid $26K Charity Initiative at Indy 500

    May. 26, 2025

    Ton Station Daily Combination for May 26, 2025

    May. 26, 2025

    SUI Anticipates 41% Surge Following Bullish Flag Formation Despite $223 Million Cetus Hack

    May. 26, 2025
    Our Picks

    Major Exchanges Witness PreMarket Price of Goats Token Binance Bybit OKX Bitget and XT

    Solana (SOL) Pauses for Breath – Is the 50 SMA the Catalyst for Bullish Momentum?

    Crypto Analyst Identifies Novembers Top 3 AI Altcoins Set to Surge Like Shiba Inu in 2021

    Most Popular

    Manchester City and OKX Initiate NFTConnected Jerseys

    Apr. 29, 202492 Views

    Manchester City and OKX Introduce Innovative NFTConnected Jerseys

    Apr. 29, 202452 Views

    Max Keiser Forecasts Total Devaluation Against Bitcoin

    Jul. 29, 202436 Views
    © 2025 NEXTGEM All rights reserved.
    • Home
    • NEWS
    • BITCOIN
    • ALTCOIN
    • BLOCKCHAIN
    • PRESS RELEASES

    Type above and press Enter to search. Press Esc to cancel.