The Two Papa John's pizzas ordered in 2010 now close to $1B mistake
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 23 2024Infamous Pizza Purchase: Laszlo Hanyecz's 2010 purchase of two Papa John's pizzas for 10,000 Bitcoin is considered the first commercial Bitcoin transaction, now valued at over $978 million due to Bitcoin's price increase over the years.
Pizza Day Significance: Celebrated on May 22, known as 'Pizza Day' in the crypto community, the value of the 10,000 BTC has dramatically risen since 2010, with projections suggesting it could reach close to $2 billion by 2025.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
