Bitcoin Pizza Day has renewed focus on the May 22, 2010 transaction in which Laszlo Hanyecz spent 10,000 BTC on two pizzas, with Jeremy Sturdivant, known as “jercos,” receiving the coins in one of Bitcoin’s earliest recognized real-world purchases. Archived Bitcointalk forum posts place the deal at about $41 at the time, and Sturdivant later said he spent nearly all of the Bitcoin long before it rose above $1. Binance and analyst Darkfost now use the anniversary to show how dramatically Bitcoin’s role and value have changed: Darkfost said 1 BTC can buy about 3,865 pizzas, while Binance said the original 10,000 BTC would now be worth more than $700 million and would have exceeded $1 billion when Bitcoin reached $126,000 in August 2025. Binance also said the event now highlights Bitcoin’s declining issuance and growing institutional presence, noting that 10,000 BTC equals more than 22 days of current new supply at about 450 BTC per day, down from 7,200 BTC per day in 2010 and projected to fall to 225 BTC after the anticipated April 2028 halving.