The cost of the two pizzas from Papa John’s, known to the entire crypto community, purchased by programmer Laszlo Hanyecz, has approached the $1 billion mark. This was facilitated by the prolonged rally of Bitcoin, which at the time of preparing this material is holding around $97,508, according to TradingView.

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The story is familiar to many fans of crypto assets and even to people who have little interest in the industry. On May 22, 2010, the mentioned developer used recently introduced bitcoins to buy pizza. The food order cost him 10,000 BTC.

"I just left a message on the forum. I said, 'You know, if anyone is interested, I’m offering 10,000 BTC in exchange for pizza.' Someone there said, 'Hey, I’ll take your offer,' and I sent him the funds. He paid with his credit card, and soon the pizza appeared at my door," Hanyecz recounted in 2019. On November 24, 2024, the price of Bitcoin is around $97,508. Thus, the cost of the ordered Papa John’s pizzas now amounts to over $975 million. Once the cryptocurrency reaches the $100,000 mark, this figure will rise to $1 billion.