
According to Binance, analyst Darkfost, and archived Bitcointalk forum posts, the 2010 Bitcoin Pizza Day transaction now serves as a marker of Bitcoin’s early real-world use, rising purchasing power, and declining issuance.
Bitcoin Pizza Day has renewed focus on the first widely recognized real-world Bitcoin purchase, when Laszlo Hanyecz spent 10,000 BTC on two pizzas on May 22, 2010, a transaction documented in archived Bitcointalk forum posts and worth about $41 at the time. Binance and analyst Darkfost use the anniversary to show how dramatically Bitcoin’s role and value have changed: Darkfost said 1 BTC can now 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 an all-time high of $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, with daily issuance down from 7,200 BTC in 2010 and projected to fall to 225 BTC after the anticipated April 2028 halving. The anniversary remains both a historical symbol of Bitcoin’s first practical commercial use and a current lens on its scarcity, adoption, and integration into broader financial infrastructure.