Tech entrepreneur and notable Bitcoin supporter, Jack Dorsey, ignited considerable enthusiasm within the Bitcoin community on Friday by sharing a link to a new webpage entitled “Bitcoin Day | Earn Free Bitcoin.”
The announcement references a post from the “Bitcoin at Block” account, declaring that “The bitcoin faucet is back” as of April 6, 2026, accompanied by a link to btc.day. Currently, the shared URL (hosted on AWS CloudFront) features a prominent headline promoting complimentary Bitcoin on “Bitcoin Day,” supplemented by a countdown timer.
Gavin Andresen, a software developer who would later emerge as one of the leading figures in Bitcoin development, established the faucet. He financed the initiative with his own Bitcoin to distribute to users who successfully solved the captcha.
Throughout its operational period, the faucet dispensed an estimated 19,700 BTC, which, at current market valuations, would amount to billions of dollars.
Bitcoin’s Recent Price Volatility
Over the past six months, Bitcoin has navigated one of its most challenging performance periods in years, witnessing a notable decline from late 2025 highs. Historical price data indicates that Bitcoin’s value has contracted by approximately 50% over this timeframe, dropping from levels exceeding $120,000 in November 2025 to the mid-$60,000 range currently.
This price retreat has effectively negated earlier gains within the cycle, marking the most unfavorable six-month period since 2018, influenced by a combination of macroeconomic headwinds and a diminished risk appetite among investors.
As of March, there appeared to be a stabilization near the high $60,000s, with market participants closely monitoring key technical indicators and macroeconomic signals for insights into future market movements.
Block has held 8,883 BTC since October 6, 2020, translating to an approximate value of $593.74 million at an average acquisition cost of $32,939 per BTC, indicating a gain of roughly +102.92% at present prices.
The company, trading under ticker XYZ, maintains a market capitalization of approximately $36–$37 billion. At the time of this writing, Bitcoin is trading near $67,000.
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