{"id":28002,"date":"2025-05-22T05:16:41","date_gmt":"2025-05-22T05:16:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28002"},"modified":"2025-05-22T05:16:41","modified_gmt":"2025-05-22T05:16:41","slug":"bitcoin-tops-111000-in-pizza-day-all-time-high","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28002","title":{"rendered":"Bitcoin Tops $111,000 in Pizza Day All-Time High\u00a0\u00a0"},"content":{"rendered":"<div>\n<p>Bitcoin prices reached an all-time high of almost $112,000 on Thursday, May 22, following a 4% daily gain, according to Coingecko.<\/p>\n<p>The asset has now surpassed a <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-rockets-to-new-all-time-high-above-109k\/\" data-wpel-link=\"internal\">peak of $109,500<\/a> on Wednesday and is in a new price discovery phase.<\/p>\n<p>It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below its peak of $3.9 trillion in mid-December as altcoins remain lackluster.<\/p>\n<h2>Big Bitcoin Moves<\/h2>\n<p>The asset has now gained more than 17% since the beginning of the year and is up around 47% since its April 7 crash to $75,000.\u00a0Momentum is being driven by institutions as spot exchange-traded funds and corporations continue to aggressively accumulate the asset.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/best-bitcoin-etf\/\" data-wpel-link=\"internal\">Spot Bitcoin ETFs<\/a> in the United States have seen six consecutive trading days of inflows totalling more than $2 billion. Meanwhile, companies such as Michael Saylor\u2019s Strategy and Japanese investment firm <a href=\"https:\/\/cryptopotato.com\/metaplanet-faces-major-short-squeeze-as-bitcoin-bet-defies-bears\/\" data-wpel-link=\"internal\">Metaplanet<\/a> continue to scoop up BTC for their treasuries.<\/p>\n<p>On May 22, Digital Capital Strategist Jeff Walton <a href=\"https:\/\/x.com\/PunterJeff\/status\/1925267442345140432\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">said<\/a>, Strategy is \u201cthe apex Bitcoin accumulator,\u201d having bought 324,000 BTC in the last 8 months.<\/p>\n<blockquote>\n<p>\u201cThat is 105,000 more Bitcoin than every single company that has BTC on balance sheets combined,\u201d he added.<\/p>\n<\/blockquote>\n<p>Strategy\u2019s unrealized profit soared to $23.5 billion with the new Bitcoin all-time high. The stash is now worth an eye-watering $63.7 billion, <a href=\"https:\/\/saylortracker.com\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">according<\/a> to the Saylor Tracker.<\/p>\n<p>Nevertheless, things are relatively quiet on the retail front with macroeconomic clouds darkening, inflation woes increasing, and social sentiment and searches at bear market lows.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Every person who bought Bitcoin and held is in profit <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/621xLJZpau\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/621xLJZpau<\/a><\/p>\n<p>\u2014 HODL15Capital (@HODL15Capital) <a href=\"https:\/\/twitter.com\/HODL15Capital\/status\/1925377558159208684?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analyst \u201cCrypNuevo\u201d said that there would be \u201cmore to come in the following weeks and months,\u201d <a href=\"https:\/\/x.com\/CrypNuevo\/status\/1925283538070643031\" data-wpel-link=\"external\" target=\"_blank\">predicting<\/a> that it will reach at least $115,000.<\/p>\n<h2>Bitcoin Pizza Day<\/h2>\n<p>May 22 is also Bitcoin <a href=\"https:\/\/cryptopotato.com\/stadium-islands-private-jets-what-can-10000-btc-get-you-14-years-after-bitcoin-pizza-day\/\" data-wpel-link=\"internal\">Pizza Day<\/a>, and celebrates the first use of the asset to buy something physical.\u00a0On this day, fifteen years ago, programmer Laszlo Hanyecz bought 2 Papa John\u2019s pizzas for 10,000 BTC.<\/p>\n<p>The cryptocurrency was worth just $0.0041 at the time, making the purchase cost around $40. Today, those pizzas would be valued at around $1.1 billion at current prices.<\/p>\n<p>Hanyecz\u2019s pizza purchase has become a legendary event in the history of Bitcoin, demonstrating how the asset has come in terms of adoption and value.<\/p>\n<p>Happy Bitcoin Pizza Day!<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">15 years ago, Laszlo Hanyecz, a Floridian programmer, bought 2 Papa John\u2019s pizzas for 10,000 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a>. Today, those pizzas would be valued at over $1.07B today.<\/p>\n<p>Happy <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a> Pizza Day, everyone! <a href=\"https:\/\/t.co\/H7oeBTEIJM\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/H7oeBTEIJM<\/a><\/p>\n<p>\u2014 CoinGecko (@coingecko) <a href=\"https:\/\/twitter.com\/coingecko\/status\/1925375983861088645?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 22, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-tops-111000-in-pizza-day-all-time-high\/\" rel=\"nofollow\">Bitcoin Tops $111,000 in Pizza Day All-Time High\u00a0\u00a0<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin prices reached an all-time high of almost $112,000 on Thursday, May 22, following a 4% daily gain, according to Coingecko. The asset has now surpassed a peak of $109,500 on Wednesday and is in a new price discovery phase. It has also pushed total crypto market capitalization to $3.6 trillion. However, this remains below [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28002","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28002"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28002\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}