Stadium, Archipelago, Exclusive Jets: What Can 10,000 BTC Get You 14 Years After Bitcoin Pizza Day?
Fourteen years ago, 10,000 bitcoins (BTC) would only be enough for two pizza boxes, but things have drastically changed now.
To celebrate Bitcoin Pizza Day on May 22, cryptocurrency exchange Kraken released a video illustrating what 10,000 BTC could buy you today, ranging from numerous private space flights to acquiring Leonardo DaVinci’s most valuable artwork.
The Current Value of 10K BTC
As a reminder, Bitcoin Pizza Day commemorates the iconic moment when Laszlo Hanyecz, a programmer from Florida and an early BTC adopter, purchased two Papa John’s pizzas for 10,000 BTC in 2010. At that time, the cryptocurrency was valued at $0.0041, making the pizzas cost an estimated $41.
Since then, bitcoin’s value has soared by over 141,000,000%, making the stash now worth more than $690 million, based on its current price of approximately $69,000. Clearly, the tables have turned, and it’s intriguing to explore what 10,000 BTC can buy today.
For instance, such a substantial quantity of BTC could buy you around 700 Papa John’s pizza franchises. According to data from FranchiseHelp, the estimated initial investment required to open a standard Papa John’s pizza franchise falls between $130,120 and $844,420. With $687 million, you could establish over 715 Papa John’s franchises.
The video also showcased that 10,000 BTC could purchase Leonardo DaVinci’s most valuable painting, Salvator Mundi, and an Airbus A380 Private Jet. Salvator Mundi is worth $450.3 million, while an Airbus A380 jet is priced at $600 million.
Luxurious Islands and Naming Rights
Moreover, with 10,000 BTC, you could acquire one of the world’s most expensive diamonds. The Cullinan Diamond weighs 530.2 carats and is valued at $400 million or more. With $687 million, you have a strong chance of obtaining it.
In addition, 10,000 BTC could secure you a minimum of 250 tickets for 90-minute trips to space via Virgin Galactic’s spaceship. While a ticket for Virgin Galactic’s spaceship costs $450,000, a private flight could amount to tens of millions of dollars.
With 10,000 BTC, you could produce two blockbuster movies in Hollywood. While the average cost of a Hollywood movie is about $100 million, some of the most expensive films require over $300 million, including distribution and marketing expenses.
Fascinatingly, you could even purchase the naming rights to a stadium and 16 private islands in The Bahamas with 10,000 BTC. Depending on the agreement’s terms, you could spend up to $30 million for the naming rights of a standard stadium per year, making a ten-year contract worth $300 million, while luxury islands range between $200,000 and $200 million each.