We know about the guy who bought two pizzas for 10,000 $BTC. But what about the guy who sold them? How did he spend those Bitcoins, or did he HOLD? Here’s an investigation into his life after this deal.

In May 2010, Laszlo Hanyecz made history by buying two pizzas for 10,000 $BTC. According to Bitcoin's white paper, its P2P system refers to exchanging assets between two people. So, there must be another person involved in this first physical purchase using Bitcoin. That person was Jeremy Sturdivant, a 19-year-old student known on the BitcoinTalk forum as "jercos." As a strong Bitcoin enthusiast, he quickly agreed to participate in this unique transaction.

But what happened to him next? Is he still holding 10,000 $BTC?

1. **The First Day**

Few people mention it, but Jeremy made a profit from the very start. At that time, two Papa John's pizzas cost about $25, while Laszlo offered 10,000 $BTC, valued at $41.

2. **Taking Profits**

It might sound like the most profitable transaction in history, but the crypto cash disappeared when Sturdivant used it to "cover expenses" while traveling the US with his girlfriend.

3. **More Spending**

Sturdivant's Bitcoin holdings also helped him buy games and support his travels. He later told the Telegraph, "If I had treated it as an investment, I might have held on a bit longer."

4. **Investing**

"Not beyond using $BTC for business myself," Jeremy wrote. He also mentioned that if the opportunity arose, he'd be more inclined to invest in a Bitcoin business than to hold onto the coins.

5. **Career**

He is currently a product development engineer for Inovonics Inc., a manufacturer of professional radio broadcast equipment.

6. **Net Worth**

$570 million... It could have been, but he spent it all. "Those 10,000 BTC made it back into the economy fairly quickly, around the time they were worth some $400." Despite receiving a 10x ROI, he couldn't hold on and sold everything.

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