What can 10,000 BTC get you 14 years after Bitcoin Pizza Day?
Fourteen years ago, 10,000 bitcoins (BTC) could only buy two pizza boxes; However, the story is completely different today.
In honor of Bitcoin Pizza Day on May 22nd, Kraken shared a video today explaining what 10,000 BTC can get you, from hundreds of private flights on a spaceship to Leonardo DaVinci's most expensive painting.
10K BTC worth today
Recall that in 2010, Floridian programmer and BTC adopter Laszlo Haniecz bought two Papa John's pizzas for 10,000 BTC during the introduction of Bitcoin Pizza Day. The cryptocurrency was worth $0.0041 at the time, and the purchase cost about $41.
Since then, Bitcoin has gained more than 141,000,000%, so Stash is worth more than $690 million at its current asset value of $69,000. The tide has clearly turned, and it's interesting to see what those 10,000 BTC can buy these days.
For example, such a large amount of BTC will give you at least 700 Papa John's Pizza franchises. According to data from FranchiseHelp, the initial investment required to open a regular Papa John's Pizza franchise is between $130,120 and $844,420. For $687 million, you can open more than 715 quality Papa John's franchises.
The video also revealed that 10,000 BTC will get you a painting of the most expensive Italian polymath Leonardo Da Vinci and an Airbus A380 private jet. Da Vinci's most expensive painting, Salvatore Mundi, is worth $450.3 million, and an Airbus A380 jet is worth $600 million.
Luxury islands and naming rights
Also, 10,000 BTC can get you one of the most expensive diamonds in the world. The Cullinan diamond weighs 530.2 carats and is worth upwards of $400 million. At $687 million, you have a good shot at getting one.
You can also purchase at least 250 tickets for 90-minute journeys via Virgin Galactic Space Shuttle today for 10,000 BTC. While a Virgin Galactic space shuttle ticket costs $450,000, a private flight can cost tens of millions of dollars.
You can make two Hollywood blockbuster movies for 10,000 BTC. Although the average Hollywood movie costs about $100 million, the most expensive movies require more than $300 million to produce, including distribution and marketing.
Interestingly, you can buy a stadium and 16 private islands in the Bahamas for 10,000 BTC for naming rights. Under the terms of the deal, you can spend up to $30 million for one year of regular stadium naming rights, with a ten-year contract worth about $300 million, while luxury islands cost between $200,000 and $200 million.
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