Bitcoin Pizza Day, celebrated on May 22, commemorates the first real-world transaction using Bitcoin when Laszlo Hanyecz bought two pizzas for 10,000 BTC in 2010. This transaction marked a pivotal moment for Bitcoin, demonstrating its potential as a medium of exchange. Fast forward to today, that same amount of Bitcoin is now valued at approximately $267 million USD, illustrating the cryptocurrency's exponential growth. In recent years, particularly in 2024, there has been a surge in nation-state adoption of Bitcoin. Lawmakers have been discussing strategic Bitcoin reserves and tax exemptions for Bitcoin transactions. Notably, in April 2026, the Iranian government announced that oil ships passing through the Strait of Hormuz could pay shipping tolls using Bitcoin, alongside US dollar stablecoins and Chinese yuan. However, as of the current date, there is no on-chain evidence of such transactions occurring in Bitcoin, with Tether’s USDt remaining the dominant payment method for these tolls, according to Sam Lyman from the Bitcoin Policy Institute. This evolving narrative around Bitcoin highlights its growing significance in global finance.