If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now

By Arjun Kharpal | CNBC

Monday, 22 May 2017 | 12:51 PM ET

Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John’s pizzas.

More important than the episode being widely recognized as the first transaction using the cryptocurrency is what it tells us about the bitcoin rally that saw it break through the $2,100 and $2,200 marks on Monday.

Bitcoin was trading as high as $2,251.61 midday Monday, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data.

Continued:

Share this!

May 24, 2017

Additional Articles

Birthright citizenship survives, but narrow margin is concerning: An immigration lawyer’s perspective

July 2, 2026

By Darius Amiri Chairman of Rose Law Group’s Immigration Law Department This week, the Supreme Court reaffirmed one of the oldest and most fundamental principles of

Apache Junction P&Z has issue with MF project

July 2, 2026

Via City of Apache Junction By YourValley A rezoning and new planned development overlay for a 146-unit, two- and three-story Banyan Apartments complex using the

New study provides analysis on retaining AZ water

July 2, 2026

By Noah Cullen | Casa Grande Dispatch Arizona’s overall water storage is declining. Warming from climate change causes more precipitation to be lost through evaporation and plant

Get Involved

Write a letter to the editor

Write a guest opinion

Submit news

Stay Informed

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Recent Articles

Council seeks members for Florence data center committee

July 2, 2026

By Pinal Post Florence Town Council voted unanimously on June 29 to advertise for five members of a proposed Data Center Facility Ad Hoc Advisory Committee. The Florence data center committee will review environmental, infrastructure, public service, socioeconomic, land use, and

Solar facility breaks ground at Arizona cobalt project

July 2, 2026

By InBusiness EVelution Energy LLC, a U.S. critical minerals company developing the first commercial-scale, solar-powered cobalt metal and cobalt sulfate processing facility in the United

Maricopa candidate forum highlights

July 2, 2026

By Ryan Tafoya | InMaricopa Growth, transportation and economic development dominated the discussion Thursday as six candidates for Maricopa City Council took questions during InMaricopa‘s candidate forum at the Maricopa Library and Cultural Center. Nearly 80 residents attended the forum, while the livestream

If you bought $100 of bitcoin 7 years ago, you’d be sitting on $75 million now

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!