Oh, the Whimsical Plunge of Bitcoin’s Pizza Fate!

Behold, the grand spectacle of Bitcoin Pizza Day hath arrived, not with the fanfare of yore, but with a pocket lighter by $328 million! The fateful 10,000 Bitcoins, once bartered for two humble Papa John’s pizzas in the ancient year of 2010, now stand at a mere $777.87 million, a far cry from the $1.106 billion of last year’s jubilee.

Lo, the 29.7% decline year-over-year is the steepest plunge since the dark days of 2015, when the bear market cast its shadow and the cryptocurrency fell by 54%. Alas, the fickleness of fortune doth play its tricks once more!

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From the Heights of a Billion-Dollar Hoard to a Mere $777 Million

Last year’s anniversary, ah, what a time it was! The bull ran clear and strong, and Bitcoin traded at $110,568 on May 22, 2025, setting new heights in its audacious climb. The programmer Laszlo Hanyecz, whose 10,000 BTC stack once seemed but a trifle, beheld its value soar to $1.106 billion, as recorded by the wise sages at CoinGecko.

Yet, the rally did not falter; it surged through the summer and into October. The cryptocurrency reached its zenith at $126,000 on October 6, 2025, buoyed by the strong winds of institutional flows and the muted whispers of retail participation.

But alas, the gods of commerce are fickle! On October 10, the mighty President Donald Trump decreed 100% tariffs on Chinese imports, and lo, nearly $200 billion vanished from the crypto market. Bitcoin, once soaring, fell from $122,000 to $107,000 in a single stroke.

What if Laszlo had resisted the siren call of pizza?

On that fateful May 22, 2010, he would still clutch his 10,000 $BTC.

Today, that hoard would be worth ~$777 million. 🤯

Yet, that pizza purchase was no folly, for it marked the first real-world Bitcoin transaction ever recorded.…

– BeInCrypto (@beincrypto) May 22, 2026

Bitcoin’s Odyssey: From the Peaks of Glory to the Depths of Despair

The remainder of 2025 saw Bitcoin languish below its October peak. By the dawn of 2026, the rally that had fueled Pizza Day 2025’s record valuation had crumbled into dust.

Q1 2026 proved the worst opening quarter since 2018. Bitcoin closed the period down 22.2%, with spot Bitcoin exchange-traded funds (ETFs) losing a net $496.5 million amidst the tensions with Iran.

Q2 hath brought a modicum of solace. Bitcoin hath climbed roughly 14% over the quarter. Yet, the cryptocurrency remains in the red year-to-date, a somber reminder of its tumultuous journey.

On Pizza Day 2026, Bitcoin traded near $77,787, a full 29.7% below last year’s $110,568 and a staggering 38% below October’s $126,000 record. The price hath fallen in six of sixteen anniversaries, and 2026 marks the largest absolute dollar drop in that lamentable streak.

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2026-05-22 11:45