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Block to Relaunch Bitcoin Faucet on Monday

The move highlights Block's Bitcoin-first pivot following deep cuts alongside an AI overhaul.

Overview

  • Block, which confirmed the comeback Friday, will open a free satoshi faucet on Monday, April 6 through btc.day.
  • The company has not shared claim rules, eligibility, or how much Bitcoin it plans to distribute.
  • Block holds 8,883 BTC on its balance sheet, giving it resources to fund a sustained giveaway.
  • After cutting about 4,000 jobs, Block says it refocused on Bitcoin and now leans on AI-driven workflows.
  • The launch fits into Block’s Bitcoin lineup—Cash App for payments, Bitkey for self-custody, and Proto mining systems—creating a path for newcomers who try small amounts to keep using its tools.