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2010 pizza purchase now worth $500m


News
by Hannah Sparks, New York Post
25th May 2021 12:46 PM
 
In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency Internet forum: He could receive 10,000 bitcoins, at the time reportedly valued at roughly $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.
Sturdivant filled the order, sending him two large pizzas (cheese and supreme ) from Papa John s - a transaction that would become the first physical purchase made with bitcoin in history, marked by the annual Bitcoin Pizza Day on May 22.
But Sturdivant didn t save the bitcoins for the future; instead, he spent them ....

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Infamous Bitcoin pizza guy who squandered $365M haul has no regrets


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