10,000 BTC pizza stack $773M value

Bitcoin Magazine posted on X on May 22, 2026 that the 10,000 bitcoin used in the best-known pizza purchase in crypto history was now worth about $773 million. CoinDesk listed bitcoin at $77,321.57 on May 22, which implies a value of roughly $773.2 million for 10,000 BTC. May 22 is observed in crypto circles as Bitcoin Pizza Day because it marks the first widely documented purchase of a physical good with bitcoin. Bitcoin Wiki says programmer Laszlo Hanyecz reported on May 22, 2010 that he had successfully traded 10,000 BTC for two Papa John’s pizzas after first posting his offer on May 17, 2010. ### How does the $773 million figure get calculated? (coindesk.com) CoinDesk’s May 22 price of $77,321.57 per bitcoin is the key input. Multiplying that by 10,000 produces about $773,215,700, which is why social posts rounded the number to $773 million. Bitcoin Magazine’s post matched that rough math and circulated as part of the annual Pizza Day ritual on crypto social media. (en.bitcoin.it) The figure can move materially within hours because bitcoin trades continuously and its price is volatile. ### What exactly happened in 2010? Bitcoin Wiki says Hanyecz, identified there by the handle “laszlo,” asked on May 17, 2010 if someone would get him two pizzas in exchange for 10,000 BTC. (coindesk.com) On May 22, he posted that he had completed the trade for two Papa John’s pizzas. SoFi, in a recent explainer on Bitcoin Pizza Day, also describes the purchase as the first commercial bitcoin transaction and says the pizzas were delivered to Hanyecz in Florida. (coindesk.com) That account places the cash value at about $41 at the time, though retellings often round it to about $30 or $40. ### Why does this trade keep getting revisited every year? (en.bitcoin.it) May 22 is used by crypto companies, traders and media outlets as a shorthand for bitcoin’s shift from an experimental digital token to something used in a real-world exchange. SoFi says the transaction is celebrated annually because it demonstrated that bitcoin could function as a medium of exchange outside the banking system. (sofi.com) The anniversary also produces a rolling comparison with bitcoin’s current market price. CoinDesk reported in 2025 that the same 10,000 BTC stack had crossed $1.1 billion when bitcoin hit fresh highs, showing how the headline number changes with the market. ### Was this really just one of many bitcoin purchases Hanyecz made? (sofi.com) Forbes reported in 2025 that Hanyecz likely spent far more than 10,000 BTC on pizza purchases that year, citing estimates closer to 79,000 BTC in total. That has become part of the lore around Pizza Day, though the 10,000 BTC transaction remains the one most commonly cited because it is the best documented and tied to May 22. (coindesk.com) Bitcoin Wiki’s record still centers the May 17 request and May 22 confirmation as the landmark exchange. That sequence is why Bitcoin Pizza Day continues to be attached to those two pizzas rather than to later purchases. ### What is the next concrete date tied to this story? May 22 is the recurring annual date for Bitcoin Pizza Day, and next year’s anniversary will fall on May 22, 2027. (forbes.com) Any new headline number will depend on bitcoin’s market price that day, using the same 10,000 BTC benchmark cited by Bitcoin Magazine and other crypto outlets this year. (en.bitcoin.it)