Bitcoin Pizza Day: Crypto Users Spend $135,000 on Pizzas Over the Past Year

Bitcoin Pizza Day: Crypto Users Spend $135,000 on Pizzas Over the Past Year

In the past 12 months, cryptocurrency enthusiasts have spent more than $135,000 worth of various cryptocurrencies on pizzas, according to a report from Bitrefill. The detailed analysis of internal pizza gift card sales data reveals that users purchased a total of 3,941 pizzas using crypto. Bitcoin (BTC), alongside the Lightning Network, remains the dominant payment method, accounting for 23.8% of all crypto-related pizza sales.

Ethereum (ETH) follows closely with a 20.5% share of the pizza orders, while Tether (USDT), the largest stablecoin with a market cap of $111 billion, holds a 6.8% share of the total pizzas purchased with cryptocurrencies worldwide.

The report highlights that Domino’s Pizza leads the list, with 3,012 pizzas ordered using cryptocurrencies over the past year. Papa John’s and Pizza Hut rank second and third, with 473 and 173 crypto-based purchases, respectively.

Bitrefill also identified the top five U.S. states for crypto pizza transactions:

  1. California – 266 transactions
  2. Texas – 211 transactions
  3. Florida – 161 transactions
  4. New York – 141 transactions
  5. Washington – 136 transactions

This report coincides with the celebration of Bitcoin Pizza Day by the crypto community. On May 22, 2010, Laszlo Hanyecz, a developer and Bitcoin miner, made history by purchasing two Papa John’s pizzas for 10,000 BTC, which was worth approximately $41 at that time. This transaction marked the first documented real-world use of Bitcoin, and May 22 has since been commemorated as Bitcoin Pizza Day. The 10,000 Bitcoins spent by Hanyecz would now be valued at over $700 million.

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