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Man spent 100,000 Bitcoin on pizza, now worth $3 billion has no regret

A man spent 100,000 Bitcoin over a summer on just pizza, now those pizzas are worth more than $3.8 billion, but he has no regrets.

Published Wed, May 26 2021 3:19 AM CDT   |   Updated Tue, Jun 22 2021 10:42 AM CDT

A man who spent more than 100,000 Bitcoin on just pizza over the summer, which is now worth $3.8 billion today, says he doesn't regret his decision.

Man spent 100,000 Bitcoin on pizza, now worth $3 billion has no regret 01 |

Back in 2010, California student Jeremy Sturdivant, 19, saw a post on a cryptocurrency forum that was asking for two large pizzas in exchange for 10,000 Bitcoin. Little did Sturdivant know that this transaction between himself and Florida resident Laszlo Hanyecz, 28, would later become a pivotal moment in Bitcoin's life history as it was the first physical purchase made with Bitcoin in the history of the currency.

Now, the coins that Sturdivant received for delivering the pizza is worth more than $365 million. Sturdivant also didn't save any of the coins for the future, he spent them all on traveling. However, Sturdivant doesn't say he regrets his decision at all and instead says that he is "proud to have played a part" in the "global phenomenon."

Back in 2018, Hanyecz was interviewed and said that over the summer in 2010, he spent 100,000 Bitcoin on just pizza, which is valued at around $3.8 billion dollars today. Hanyecz also said he doesn't regret his decision because at the time, he was thinking he was getting free pizza. "I wanted to do the pizza thing because to me it was free pizza." Adding, "I think that it's great that I got to be part of the early history of bitcoin in that way" and that "I'd like to think that what I did helped, but I think if it wasn't me, somebody else would have come along."

The day is now remembered as Bitcoin Pizza Day, May 22.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest news. Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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