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Title: Bitcoin Pizza Day Turns 15: From $41 to $1.1 Billion

  • Writer: Sammy Salmela
    Sammy Salmela
  • May 22
  • 2 min read

Article with AI Analysis: Date: 22 May 2025

Source: U.Today

Retro-style photo of two pizzas symbolising the historic Bitcoin Pizza Day purchase.
Retro-style photo of two pizzas symbolising the historic Bitcoin Pizza Day purchase.

Introduction Fifteen years ago, a man bought two pizzas. Not unusual except he paid with 10,000 Bitcoins. What seemed like a fun experiment in 2010 has since become a symbol of cryptocurrency’s wild rise. Today, those pizzas would be worth an astonishing $1.1 billion.


The First-Ever Bitcoin Purchase On 22 May 2010, Laszlo Hanyecz, a Florida-based programmer, made history by offering 10,000 BTC for two Papa John’s pizzas. At the time, Bitcoin was a tiny, experimental currency with no real-world value. The deal was made on the Bitcointalk forum, and the person who accepted it was Jeremy Sturdivant, a 19-year-old student from California.

To Hanyecz, it wasn’t about the food it was about proving Bitcoin could be used in everyday life. "It was incredibly cool," he later said. This pizza trade is now widely considered the first real-world transaction using cryptocurrency.


What Happened to the Bitcoins? Sturdivant spent the coins travelling across the U.S. with his girlfriend. He had no idea that those 10,000 BTC would one day be worth a fortune. Hanyecz, meanwhile, went on to spend a total of 100,000 BTC on pizzas that year. It may sound unbelievable now, but back then, it made perfect sense.


The Legacy of Bitcoin Pizza Day Today, Bitcoin Pizza Day is celebrated every 22 May by crypto enthusiasts around the world. It reminds us how far digital currencies have come and just how unpredictable innovation can be. The purchase stands as a cultural moment that helped push Bitcoin toward legitimacy.

For many, it’s more than a story of lost fortune. It’s about community, experimentation, and the bold risk-takers who shape the future.


AI-Powered Sentiment Analysis Our AI analysis of this article revealed:

  • sentiment_score: 0.35 — Overall neutral-to-positive tone, reflecting nostalgia and optimism.

  • financial_sentiment: 0.45 — Mild financial focus, not investment-heavy but with monetary context.

  • polarity_score: 0.148 — Slightly positive, due to the upbeat framing of a historic moment.

  • subjectivity_score: 0.404 — Balanced between factual and emotional storytelling.


These scores suggest that the article maintains a human, reflective tone while avoiding financial hype. It offers educational value by grounding a historical crypto moment in personal narrative.


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Disclaimer

This article was generated using AI and reviewed for accuracy. The information presented is for educational purposes only and should not be construed as financial advice. Always consult with a professional before making investment decisions.

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