Meet Laszlo Hanyecz, Who Purchased $700 Million Worth of Pizza
Laszlo Hanyecz is popular for purchasing two pizzas for 10,000 Bitcoin (BTC), worth $700 million today. Bitcoin Pizza Day marks the one-of-a-kind pizza purchase. It also points to the wide adoption of Bitcoin in the last fourteen years.
Today, Bitcoin hovers around $70,000 per coin from $41 in 2010, an astronomical increase as the asset’s value surged to traditional finance ecosystems.
Who Is Laszlo Hanyecz?
Laszlo Hanyecz, a software developer and early Bitcoin adopter carved his name in history when he bought two Papa John’s Pizza on May 22, 2010. Aside from the current value of the transaction, it is known as the first known commercial transaction of Bitcoin.
“I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some leftover for the next day. I like having leftover pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins.”
Hanyecz is a British man who resides in Florida, United States, and has since made other notable Bitcoin transactions. Over the years, he spent approximately $100,000 BTC worth quite a fortune today which would have placed him among top whales.
In a 2019 interview, Laszlo Hanyecz explained that dwelling on recent values would be counterproductive, adding that the move made the asset real for people. In the coming years, BTC soared in value breaching its all-time highs.
Bitcoin Pizza Day
Bitcoin Pizza Day is celebrated to remember Laszlo Hanyecz’s historic purchase and modern developments of the asset. Crypto firms and pizza outlets widely embraced the celebration and offer discount on purchases.
Several users within the crypto community reflect on the rise of the asset with bulls projecting more runs as sentiments soar. Hanyecz also made it possible for more people to run the network software after he translated the code to Apple’s OS.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Clarity Act (H.R.3633) signed into law in 2026?
- Binance Founder CZ Says Millionaires May Struggle to Afford 1 Bitcoin, Here’s Why
- Bitget Restricts HTX, EXMO & Other Entities Amid Sanctions Crackdown
- Galaxy Slashes CLARITY Act 2026 Odds to 10% as SEC & CFTC Race to Fill Regulatory Void
- OCC Grants Conditional Approval to Trump-Backed World Liberty’s National Trust Bank Charter
- Coinbase, Ripple Executives Expected at White House Crypto Meeting With Trump, Officials
- Crypto Market Update August 15: Solana Tops Weekly ETF Inflows as LINK, SHIB Surge
- Dogecoin Price Prediction Ahead of Trump’s Wednesday White House Crypto Meeting
- XRP Price Outlook as Network Activity Hits 2-Month High — Will It Hold $1?
- Bitcoin and Ethereum Price Prediction as Cboe Seeks First US 3x Leveraged BTC and ETH ETFs
- Shiba Inu Price Forecast as Burn Rate Soars 530%
- Crypto Market Update August 14: Bitcoin Retests $62K as BoJ Eyes Faster Rate Hikes, UNI Leads Altcoin Losses
