While the bitcoin ecosystem has changed quite a bit since 2010, a certain milestone transaction involving 10,000 BTC and two pizzas keeps being celebrated even after 16 years.

On May 18, 2010, Laszlo Hanyecz, an early contributor of the legendary Bitcoin Talk forums, posted an offer to complete the first registered commercial transactions ever involving BTC and pizza.

The post stated:

While Hanyecz was suggested to exchange these bitcoins for their worth – $41 at that time, but over $770 million now- and purchase the pizzas by himself, he declined. At last, another forum participant, Jeremy Sturdivant, fulfilled his request on May 22, 2010, and the transaction became legend.

In June 2026, Hanyecz announced that the offer was still open, inviting others to buy him some pizza and be paid in bitcoin.

“I will trade 10,000 BTC for 2 of these pizzas any time as long as I have the funds (I usually have plenty). If anyone is interested please let me know. The exchange is favorable for anyone who does it because the 2 pizzas are only about 25 dollars total, maybe 30 if you give the guy a nice tip. If you get me the upgraded extra large ones or something, I can throw in some more bitcoins, just let me know and we’ll work something out,” he declared.

Later, he admitted having spent over 100,000 BTC on pizza that year.

Finally, Hanyecz withdrew his offer after the amount to be claimed rose to $600. “Well I didn’t expect this to be so popular but I can’t really afford to keep doing it since I can’t generate thousands of coins a day anymore. Thanks to everyone who bought me pizza already but I’m kind of holding off on doing any more of these for now,” he said on August 04, 2010.

While Hanyecz was a bitcoin pioneer, contributing to the development of GPU-based bitcoin mining and building the first Bitcoin Core release for Mac, he will always be most remembered for this landmark transaction.

He later assured that he did not regret making these purchases. “I got pizza for contributing to an open-source project. Usually, hobbies are a time sink and money sink, and in this case, my hobby bought me dinner. I think that it’s great that I got to be part of the early history of Bitcoin in that way,” Hanyecz concluded.

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