Bitcoin Pizza Day 2025 has delivered more than nostalgia this year, creating a historic moment in crypto history.
As the crypto community celebrated the first documented real-world bitcoin transaction, BTC soared to a record high above $111,000, pushing its market capitalization to an impressive $2.205 trillion on May 22, 2025.
Accordingly, the total crypto market cap stands at $3.49 trillion at the time of writing, per Coingecko data. While this is still 6% shy of the all-time high of $3.71 trillion recorded in late 2024, the upward trend is evident.
Institutional interest is also surging. On Wednesday, Bitcoin exchange-traded funds (ETFs) recorded a remarkable $604 million in net inflows. These ETFs have played a critical role in making BTC accessible to traditional investors and continue to attract significant capital.
Additionally, the crypto derivatives market is booming. At press time, perpetual swaps open interest stood at $756.16 billion while futures open interest stood at $3.24 billion. These figures point to deep liquidity and growing trader participation across crypto trading platforms.
Read also: Is it too late to invest in Bitcoin?
Bitcoin Tops Amazon in Market Valuation
In doing so, bitcoin officially surpassed one of the most valuable tech companies Amazon in market valuation. This feat signals growing investor confidence and a strong foothold for crypto assets in mainstream finance. It is also a symbolic and psychological boost for long-time BTC believers and new investors.
Surpassing Amazon’s market cap of $2.135 trillion further positions BTC as a trusted alternative currency and store of value.
Moreover, while BTC has experienced multiple cycles of boom and bust, its ability to recover and hit new highs during key cultural moments like Bitcoin Pizza Day signals growing maturity and acceptance in global markets.
What is Bitcoin Pizza Day?
Bitcoin Pizza Day is celebrated annually on May 22 to honour the now-legendary purchase of two pizzas for 10,000 BTC by programmer Laszlo Hanyecz in 2010. At the time, the transaction was worth around $41. Meanwhile, those coins are valued at over $1.1 billion at the time of writing.
This day has become a symbol of bitcoin’s extraordinary journey, growing from a fringe digital currency to one of the most valuable financial instruments in the world.
Bitcoin Pizza Day reminds us of crypto’s roots while showcasing how far the technology and its adoption have come.
Bitcoin Pizza Day 2025 arrives when crypto market is regaining momentum, investor confidence is deepening, and institutional adoption is on the rise. According to a Coinbase report, 85% of institutions plan to increase their crypto exposure in 2025.
BTC Price on Bitcoin Pizza Day
To truly appreciate the growth of BTC, it’s worth looking back at how the leading cryptocurrency was priced on every Pizza Day since 2010:
- In 2010, BTC traded for just fractions of a cent — $0.004.
- By 2011, it had risen to $6.12.
- In 2013, it reached $123.
- On Pizza Day 2017, BTC was trading at $2,109.
- 2020 saw a price of $9,060, and by 2021, it climbed to $37,340.
- In 2023, BTC hovered around $26,774.
- On Pizza Day 2024, the price had risen to $70,190.
At the time of writing, bitcoin is trading at a stunning $111,700. This annual rise captures the scale of adoption, belief, and value creation that has happened over the past 15 years.
