The historic career of Bitcoin (CRYPTO:BTC) above the $100,000 mark last Thursday made the two legendary pizzas, which were recorded in Cryptocurrency history as the first product purchased with this digital asset, now worth more than $1 billion dollars.
What happened
Bitcoin surpassed the desired benchmark, sailing towards an all-time high of $103,679.
The recovery benefited early believers and investors, who, despite skepticism, continued to bet heavily on cryptocurrencies.
While the wallets saw a rebound in value, the increase also brought back fond memories of “Bitcoin Pizzas.”
About 14 years ago, a Florida-based software developer, Laszlo Hanyeczunknowingly gave the cryptocurrency community a date to remember when he paid 10,000 bitcoins to pay for two pizzas.
At the peak of $103,679, 10,000 BTC would be worth $1,036.79 million, making the two pizzas the most expensive by far.
With Bitcoin forecast to hit new highs in the coming years, who knows if the two legendary pizzas could reach a valuation in the tens, if not hundreds, of billions of dollars.
Bitcoin price movement
At the time of writing, Bitcoin was trading at $97,859.95, down 4.66% in the last 24 hours, according to data from Benzinga Pro.
Photo courtesy of Shutterstock
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