Bitcoin Pizza Day is celebrated every year on May 22, marking when Laszlo Hanyecz famously bought two pizzas for 10,000 BTC in 2010. At the time, Bitcoin was valued at mere pennies, with the purchase costing around $41. Fast forward to 2025, Bitcoin has reached a record price of $111,770, meaning those 10,000 BTC are now worth over $1.1 billion—a staggering increase of more than 2.7 million percent. Hanyecz's transaction is notable as one of the first recorded uses of Bitcoin for a physical purchase. Over the past 15 years, the cryptocurrency's status has evolved from a tool mainly used in niche markets to a serious financial asset embraced by institutions, including significant investments from ETF managers. Despite this, spending Bitcoin for everyday items remains a challenge, although some businesses are starting to accept cryptocurrency payments. Bitcoin’s growth has transformed it into a store-of-value asset, leading many holders to resist spending it in favor of capital appreciation.

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