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Fourteen years ago, 10,000 bitcoins ($BTC) could get you only two pizza boxes; however, the story is entirely different today.
In commemoration of the Bitcoin Pizza Day celebrated on May 22, cryptocurrency exchange Kraken shared a video outlining what 10,000 $BTC would get you today, ranging from hundreds of private flights on a spaceship to Leonardo DaVinci’s most expensive painting.
The Value of 10K $BTC Today
Recall that Bitcoin Pizza Day is a reminder of a legendary moment when Floridian programmer and early $BTC adopter Laszlo Hanyecz purchased two Papa John’s pizzas for 10,000 $BTC in 2010. The cryptocurrency was worth $0.0041 at the time, making the purchase cost an estimated $41.
Since then, bitcoin has gained more than 141,000,000%, so the stash is now worth over $690 million at the asset’s current price of around $69,000. The tides have obviously changed, and it is interesting to know what those 10,000 $BTC could buy nowadays.
For example, such a massive $BTC quantity ann get you at least 700 Papa John’s pizza franchises. Data from FranchiseHelp shows that the estimated initial investment required to open a standard Papa John’s pizza franchise is between $130,120 and $844,420. With $687 million, you can open more than 715 standard Papa John’s franchises.
The video also showed that 10,000 $BTC can get you the most expensive painting of Italian polymath Leonardo DaVinci and an Airbus A380 Private Jet. DaVinci’s most expensive painting, Salvator Mundi, is worth $450.3 million, while an Airbus A380 jet is worth $600 million.
Luxury Islands and Naming Rights
Furthermore, 10,000 $BTC can get you one of the world’s most expensive diamonds. The Cullinan Diamond weighs 530.2 carats and is worth $400 million upwards. With $$687 million, you have a good shot at acquiring one.
In addition, you can purchase at least 250 tickets for 90-minute trips to space via Virgin Galactic’s spaceship today with 10,000 $BTC. While a Virgin Galactic spaceship ticket costs $450,000, a private flight could cost tens of millions of dollars.
With 10,000 $BTC, you can produce two Hollywood blockbuster movies. Although an average Hollywood movie costs about $100 million, the most expensive films require over $300 million for production, including distribution and marketing.
Interestingly, you could purchase naming rights to a stadium and 16 private islands in The Bahamas with 10,000 $BTC. Depending on the terms of the deal, you could spend up to $30 million for naming rights to a standard stadium for a year, bringing a ten-year contract to $300 million, while luxury islands cost between $200,000 and $200 million.