Remember The Iconic ‘Bitcoin Pizzas?’ They Are Now Worth Nearly $1B As King Crypto Blasts Through $100K
Bitcoin’s (CRYPTO: BTC) historic run past the $100,000 mark Thursday made the two legendary pizzas, carved in cryptocurrency history as the first commodity to be purchased with the digital asset, worth over a billion dollars.
What happened: Bitcoin pushed above the long-awaited milestone, sailing to an all-time high of $103,679.
The rally vindicated early believers and investors, who, despite skepticism, continued to bet big on the cryptocurrency.
While portfolios surged in value, the rise also brought happy memories of the “Bitcoin Pizzas.”
About 14 years ago, a Florida-based software developer, Laszlo Hanyecz, unwittingly gave the cryptocurrency community a date to cherish when he paid 10,000 Bitcoins to pay for two Pizzas.
At the peak value of $103,679, 10,000 BTCs would be worth $1.03 billion, making the two pizzas by far the most expensive ones.
With forecasts of Bitcoin scaling new highs in the years to come, who knows the two legendary pizzas might well reach tens, if not hundreds, of billions of dollars.
Price Action: As of this writing, Bitcoin was trading at $97,678.87, pulling back 4.85% in the last 24 hours, according to data from Benzinga Pro.
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