TLDR;
- Bitcoin Pizza Day commemorates the first real-world purchase using Bitcoin in 2010
- Bitcoin’s price has surged past $110,000, highlighting growing adoption and market strength.
- Bitcoin Pizza Day is one of several key dates marking Bitcoin’s history, alongside Genesis Block Day, Halving Days, and the Bitcoin whitepaper anniversary.
The crypto community was once again buzzing with excitement on Thursday as enthusiasts commemorated this year’s Bitcoin Pizza Day.
This year’s celebrations are especially jubilant with Bitcoin’s price surging to a new all-time-high, reaffirming its growing status as a major financial asset.
“Billion Dollar Pizza”
Notably, this holiday honors the moment on May 22, 2010, when programmer Laszlo Hanyecz made what is widely considered the first real-world purchase using Bitcoin: two pizzas from Papa John’s for 10,000 BTC. At the time, Bitcoin was a fledgling digital currency, trading at just a few cents per coin. Those 10,000 bitcoins, now worth roughly $1.1 billion, marked a revolutionary milestone.
$1.1 Billion for Two Pizzas? 🍕
That's the current USD value of the 10,000 BTC paid for two pizzas on May 22, 2010.
It’s a high price, but it’s the price that was paid to turn Bitcoin into a means of payment. pic.twitter.com/ECDb9ZmmXk
— CryptoQuant.com (@cryptoquant_com) May 22, 2025
This transaction demonstrated Bitcoin’s potential to function as a legitimate currency, sparking a wave of innovation and adoption across the globe. Since then, Bitcoin Pizza Day has grown into an annual celebration within the crypto community, symbolizing the dawn of decentralized digital payments.
Across social media platforms, Bitcoin enthusiasts flood timelines with memes, historical reflections, and heartfelt stories about their journeys in the crypto space.
Evolution of the $BTC price on the #Bitcoin Pizza Day 🍕 pic.twitter.com/dNJfdvnWO7
— Crypto Rand (@crypto_rand) May 22, 2025
Meetups, webinars, and charity events are also organized worldwide to mark the occasion, highlighting both Bitcoin’s cultural impact and its practical utility. Some groups also support open-source blockchain projects, underscoring the community-driven spirit that has fueled Bitcoin’s rise.
Bitcoin Taps New ATH
The timing of this year’s Bitcoin Pizza Day is especially notable. On Thursday Bitcoin’s price reached a high of $111,880 on major exchanges like Binance, a remarkable increase that mirrors growing mainstream acceptance and institutional interest. This surge has ignited fresh conversations about Bitcoin’s role as a store of value, digital gold, and hedge against inflation, with analysts pointing to high prices in the near future.
Other Key Bitcoin Events
That said, while Bitcoin Pizza Day is one of the most beloved celebrations in the Bitcoin calendar, it shares the spotlight with several other key dates in Bitcoin’s history. January 3, known as Genesis Block Day, marks the creation of Bitcoin’s first-ever block by the pseudonymous Satoshi Nakamoto in 2009. This event laid the technical foundation for the Bitcoin blockchain and is often regarded as the true birthday of Bitcoin.
Another pivotal moment is Bitcoin Halving Day, which occurs approximately every four years. During this event, the rewards miners receive for validating transactions are cut in half, reducing Bitcoin’s supply issuance and historically triggering significant price rallies. The last halving happened in 2020, with the next expected around 2024 or 2025.
October 31 also holds special significance as the anniversary of the release of Bitcoin’s whitepaper. Published by Satoshi Nakamoto in 2008, the whitepaper introduced the revolutionary concept of a decentralized, peer-to-peer electronic cash system. This document set the stage for the entire blockchain and cryptocurrency ecosystem.
Meanwhile, December 17, 2010, is remembered as the launch date of BitcoinMarket.com, the first Bitcoin exchange. This platform allowed people to trade bitcoins openly and was instrumental in transforming Bitcoin from a niche experiment into a dynamic market-driven asset.
