Buy Crypto
Markets
Spot
FuturesBTC
Earn
Event Center
Rewards Hub
More
100%+ PoR
Log In
Sign Up
Wallets
Orders
Jack Dorsey's name and "free Bitcoin" appeared together all over social media in early 2026 — and for once, it wasn't a scam. This article explains who Jack Dorsey is in the Bitcoin world, how theJack Dorsey's name and "free Bitcoin" appeared together all over social media in early 2026 — and for once, it wasn't a scam. This article explains who Jack Dorsey is in the Bitcoin world, how the
Learn/Crypto Basics/Hot Concepts/Jack Dorsey's Bitcoin Faucet: What btc.day Is, How It Works, and What You Need to Know

Jack Dorsey's Bitcoin Faucet: What btc.day Is, How It Works, and What You Need to Know

Author: MEXC Learn Team
Intermediate
Sep 21, 2026MEXC Learn Team
6 min
Share
Bitcoin
BTC$71,941.2-3.42%
ELYSIA
EL$0.00128+0.15%
Jack Dorsey's name and "free Bitcoin" appeared together all over social media in early 2026 — and for once, it wasn't a scam.
This article explains who Jack Dorsey is in the Bitcoin world, how the Jack Dorsey Bitcoin faucet at btc.day actually worked, whether the free Bitcoin giveaway was real or fake, and what Dorsey's bigger Bitcoin plans look like beyond a single campaign.

Key Takeaways
  • Jack Dorsey is the CEO of Block Inc. (NYSE: XYZ), a publicly traded company that has built a Bitcoin ecosystem spanning Cash App, Square, Bitkey, and Proto.
  • The Jack Dorsey Bitcoin faucet — called Bitcoin Day — was a $1 million BTC giveaway run through btc.day from April 6 to April 10, 2026, with individual rewards of up to $80 per user.
  • The campaign operated through Cash App, Square, and Bitkey, with three reward tiers tied to buying, spending, and self-custodying Bitcoin.
  • btc.day is an official Block-owned domain; the promotion was backed by a NYSE-listed company with publicly published terms on Cash App's legal page — not a scam.
  • Beyond the faucet, Dorsey has launched Bitchat, a Bluetooth-based offline messaging app, and Proto, a modular Bitcoin mining system, as part of his broader Bitcoin infrastructure push.
  • Dorsey has publicly stated his goal is for Bitcoin to function as peer-to-peer electronic cash for everyday use — not merely a store of value.

Who Is Jack Dorsey and Why Does He Care About Bitcoin?

Jack Dorsey is the co-founder of Twitter and the CEO of Block Inc., a publicly traded fintech company (NYSE: XYZ) built around a single conviction: Bitcoin should become everyday money for everyone.
Dorsey has publicly stated that he wants Bitcoin to become peer-to-peer electronic cash and everyday money — a vision he has expressed repeatedly through Block's product strategy.
Under his leadership, Block has built an entire Bitcoin ecosystem spanning Cash App (buy and hold BTC), Square (merchant Bitcoin payments), Bitkey (self-custody hardware wallet), and Proto (Bitcoin mining hardware).
As of March 2026, Block held 8,997 BTC in its corporate treasury, according to the company's official proof-of-reserves report — with total company-wide holdings including customer assets reaching 28,355 BTC.
Dorsey's Bitcoin advocacy isn't performative. It shows up in the products he builds, the capital his company allocates, and the infrastructure he funds.


Jack Dorsey's Bitcoin Faucet: What Is btc.day and How Does It Work?

A Bitcoin faucet is a service that gives away small amounts of BTC to introduce new users to the network. The original faucet was created by early Bitcoin developer Gavin Andresen in 2010, when he gave away 5 BTC per visitor — coins worth hundreds of thousands of dollars at today's prices — simply to get people to try Bitcoin.
Block's official Bitcoin Day landing page, hosted at btc.day, launched the campaign under the tagline "The Faucet Is Back," with a total distribution pool of $1 million in BTC running from April 6 to April 10, 2026.
The promotion was distributed through Cash App and integrated with Block's hardware wallet Bitkey, with three distinct reward tiers tied to specific product actions.
Users could earn $5 in BTC by buying Bitcoin on Cash App, $25 by spending BTC at a Square merchant, and $50 by withdrawing BTC to a Bitkey hardware wallet — totaling up to $80 per eligible user.
The structure is intentional: each reward tier corresponds to a different stage of Bitcoin ownership — buying, spending, and securing your own keys.


Jack Dorsey Bitcoin Faucet: Real Giveaway or Scam?

The phrase "free Bitcoin" is almost always a scam warning sign. This time, the legitimacy checks out.
The campaign was hosted at btc.day, an official Block domain, and operated through Cash App, a regulated financial product that has offered Bitcoin buying and selling since 2018. Block is a publicly traded company listed on the NYSE under the ticker XYZ.
The terms were published on Cash App's legal page, eligibility required a verified Cash App account, U.S. residency, and users had to be 18 or older — standard, transparent conditions for a regulated product promotion.
Block's investor page lists Jack Dorsey as Block Head, chairman, and co-founder, making this tied directly to a real public company — not an anonymous team.
The biggest red flag for any free Bitcoin campaign is anonymity and pressure. The btc.day campaign had neither. It had publicly verifiable corporate backing from a NYSE-listed company, published terms on Cash App's legal page, and product-linked reward conditions.
If you encounter any website claiming to be a "Jack Dorsey free Bitcoin giveaway" outside of btc.day or official Block channels, treat it as a scam — because it almost certainly is.


Jack Dorsey's Bitchat App, Bitcoin Mining, and His Bigger BTC Vision

The btc.day faucet was one moment in a much longer campaign Dorsey has been running for years — building Bitcoin infrastructure from the ground up.
In July 2025, Dorsey launched Bitchat, a peer-to-peer messaging app that operates entirely over Bluetooth mesh networks without requiring internet connections, cellular service, or central servers.
Bitchat allows users to send encrypted messages and Bitcoin transaction data completely offline, functioning on both Android and iPhone devices without requiring internet access or user accounts.
The philosophical connection to Bitcoin is direct: just as Bitcoin removes financial intermediaries, Bitchat removes communication intermediaries.
In August 2025, Block unveiled the Proto Rig — a modular Bitcoin mining system built with a replaceable component architecture, designed to allow operators to upgrade individual parts rather than replace entire units.
Dorsey has stated publicly that his goal is for Bitcoin to become peer-to-peer electronic cash, as it was originally designed to be — not just a store of value held in cold storage.


FAQ

Did Jack Dorsey create Bitcoin?
No — Bitcoin was created by the pseudonymous Satoshi Nakamoto; Dorsey is a Bitcoin advocate and investor, not its creator.


How much Bitcoin does Jack Dorsey own?
Dorsey has not publicly disclosed his personal BTC holdings; Block Inc.'s corporate treasury held approximately 8,997 BTC as of March 2026, per the company's official proof-of-reserves report.


What is the Jack Dorsey Bitcoin faucet website?
The official Bitcoin faucet website was btc.day, a Block-owned domain hosting the Bitcoin Day campaign that ran April 6–10, 2026.


Is the Jack Dorsey free Bitcoin giveaway real?
The official Bitcoin Day campaign at btc.day was a legitimate promotion by Block Inc., a publicly traded company — any other site claiming to offer a Jack Dorsey Bitcoin giveaway should be treated as a scam.


What is Bitchat by Jack Dorsey?
Bitchat is a decentralized messaging app launched by Dorsey in July 2025 that allows encrypted communication and Bitcoin transactions over Bluetooth mesh networks without an internet connection.


What is Jack Dorsey's Bitcoin price prediction?
Dorsey has publicly expressed his belief that Bitcoin will eventually reach $1 million, though this reflects his long-term conviction rather than a formal financial forecast.


Conclusion

Jack Dorsey's relationship with Bitcoin runs deeper than headlines or giveaways.
From building Cash App and Square into Bitcoin payment tools, to launching the Bitchat offline messaging app and the Proto mining rig, Dorsey is quietly constructing the infrastructure he believes Bitcoin needs to become real, everyday money.
The btc.day faucet was a small window into that larger ambition — and a reminder that not every "free Bitcoin" campaign is a scam.
Track the live BTC price and explore Bitcoin trading on MEXC.
Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$71,881.01
$71,881.01$71,881.01
+0.18%
USD
Bitcoin (BTC) Live Price Chart

Related Articles

View More
Anthropic ETF Guide: ANTO, ANTD and the Other Anthropic ETFs on File

Anthropic ETF Guide: ANTO, ANTD and the Other Anthropic ETFs on File

As of November 12, 2026, no Anthropic ETF is trading yet, because ANT itself has not listed. Direxion plans to launch ANTO, a 2x daily long fund, and ANTD, a -2x daily inverse fund, after ANT begins

Author: MEXC Research Team
Anthropic Perpetual Futures vs. the $70–$78 IPO Price: How to Compare the Two Numbers

Anthropic Perpetual Futures vs. the $70–$78 IPO Price: How to Compare the Two Numbers

As of November 12, 2026, the two numbers use different units. MEXC's ANTHROPICUSDT perpetual futures quote Anthropic's valuation in billions of US dollars, so a quote of 800 means $800 billion. The

Author: MEXC Research Team
Dario Amodei's AI Predictions: AGI Timeline, Jobs and What His Essays Say

Dario Amodei's AI Predictions: AGI Timeline, Jobs and What His Essays Say

Dario Amodei, the CEO of Anthropic, wrote in October 2024 that what he calls powerful AI could arrive as early as 2026. In January 2026 he said it could be one to two years away, or much longer. He

Author: MEXC Research Team
MEXC On-Chain Daily Report: ICE Advances 24/7 Tokenized Stock Trading — Will U.S. Equities Enter an Around-the-Clock Era?

MEXC On-Chain Daily Report: ICE Advances 24/7 Tokenized Stock Trading — Will U.S. Equities Enter an Around-the-Clock Era?

Updated: November 12, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Arbitrum One to launch compute-power perpetual contracts Nomura considers selling crypto subsidiary Laser Digital Israel’s Discount

Author: MEXC

Popular Articles

View More
【The Complete Guide to Crypto Trading】Spot Trading Supplement: How to Read the Order Book and Choose the Right Trading Pair

【The Complete Guide to Crypto Trading】Spot Trading Supplement: How to Read the Order Book and Choose the Right Trading Pair

Dear MEXC Users, In our previous edition, we covered five order types in detail, answering the question of "how to buy." But one crucial question remains: Who exactly is on the other side of your

Author: MEXC Learn Team
Weekly Crypto Market Report: Bitcoin Holds $76K Support After Record $6.3B Binance Hack

Weekly Crypto Market Report: Bitcoin Holds $76K Support After Record $6.3B Binance Hack

Bitcoin closed the week at $78,230, down 2.3%, after North Korea-linked hackers drained an estimated $6.36 billion from Binance on Thursday night in the largest crypto theft on record. Forced selling

Author: MEXC Research Team
MEXC Crypto Macro and Trading Weekly Report: FOMC Holds Steady, Can Bitcoin Hold the $80,000 Mark?

MEXC Crypto Macro and Trading Weekly Report: FOMC Holds Steady, Can Bitcoin Hold the $80,000 Mark?

Settlement Period: October 21, 2026–October 28, 2026 Release Date: October 29, 2026 Data Sources: MEXC platform data, Farside Investors, CoinGlass, CoinDesk, Reuters, CNBC TL;DR Macro Outlook: The

Author: MEXC Research Team
What Is EIP-7702? Ethereum's Smart Account Feature Explained, and How to Stay Safe

What Is EIP-7702? Ethereum's Smart Account Feature Explained, and How to Stay Safe

On October 29, 2026, an Ethereum hot wallet belonging to Binance was emptied in a single transaction. The tool behind the drain was EIP-7702, a feature that went live on Ethereum in May 2025. As of

Author: MEXC Editorial Team

Hot Crypto Updates

View More
BTC Spot ETFs See $969 Million in Net Outflows Over Past Five Days【MEXC Alpha Trader – Daily Market Brief (November 12, 2026)】

BTC Spot ETFs See $969 Million in Net Outflows Over Past Five Days【MEXC Alpha Trader – Daily Market Brief (November 12, 2026)】

I. Macro & Market Sentiment · Market Data: BTC $73,632 (+0.08%)｜ETH $2,049 (-0.23%)｜SOL $83.05 (-0.23%) · Market Sentiment: Funding Rate +0.0067%｜Fear & Greed Index 28 (Fear) · Inflation: U.S. CPI

Author: MEXC Editorial Team
Crypto Exchange Netflows: 15,600 BTC Pulled in 7 Days as Supply Squeeze Looms

Crypto Exchange Netflows: 15,600 BTC Pulled in 7 Days as Supply Squeeze Looms

Overview Across the latest seven-day tracking window in early November 2026, on-chain capital flows across major centralized exchanges (CEXs) diverged sharply both between competing trading venues

Author: MEXC Editorial Team
U.S. October Inflation Tops Expectations as Rate Expectations Are Repriced【MEXC Alpha Trader – Daily Market Brief (November 11, 2026)】

U.S. October Inflation Tops Expectations as Rate Expectations Are Repriced【MEXC Alpha Trader – Daily Market Brief (November 11, 2026)】

I. Macro & Market Sentiment · Market Data: BTC $73,528.00 (-1.93%)｜ETH $2,052.19 (-3.31%)｜SOL $83.14 (-3.44%) · Market Sentiment: Funding Rate +0.0097%｜Fear & Greed Index 29 (Fear) · Inflation: U.S.

Author: MEXC Editorial Team
Why Did MARA Dump 13,597 Bitcoin After Q3 2026? The Real Reason

Why Did MARA Dump 13,597 Bitcoin After Q3 2026? The Real Reason

Overview Publicly traded digital energy and compute infrastructure operator MARA Q3 Form 10-Q (Nasdaq ticker: MARA) disclosed on November 9, 2026 that the company sold 13,597 Bitcoin (BTC)

Author: MEXC Editorial Team

Trending News

View More
Bitcoin-Backed Borrowing: How Circle Unlocks USDC

Bitcoin-Backed Borrowing: How Circle Unlocks USDC

Circle has launched Digital Asset-Backed Borrowing for eligible Circle Mint LLC customers, creating an integrated institutional workflow that allows Bitcoin holders to access USDC liquidity without fi

Altcoin Trading Volume Nears 4x BTC—Is Rotation Real?

Altcoin Trading Volume Nears 4x BTC—Is Rotation Real?

Altcoin trading volume has surged relative to Bitcoin, with recent spot activity approaching four times BTC spot volume and reaching its strongest relative level since September 2025. The shift is not

Hong Kong Solana ETF: Can SOL Follow Bitcoin's Path?

Hong Kong Solana ETF: Can SOL Follow Bitcoin's Path?

Hong Kong is expanding regulated access to Solana with the listing of the Pando Solana ETF on October 13, 2026. The product, trading under stock code 2831 on the Hong Kong Stock Exchange, becomes the

Can Bitcoin Return to $100,000 by the End of 2026?

Can Bitcoin Return to $100,000 by the End of 2026?

Bitcoin needs a gain of about 22% to return to $100,000 by year-end. ETF flows, inflation and Fed policy will determine whether it can get there.

Sign Up on MEXC
Sign Up & Receive Up to 10,000 USDT Bonus
Share 1,000,000 USDT
Share 1,000,000 USDTShare 1,000,000 USDT
Futures loss coverage + $5K gold bar grand prize

Join the MEXC Community

Get the latest listings, events, and updates in real time, straight from our official Telegram channel.

25k+ members
Community
About
About MEXC
Why MEXC
Proof of Trust
MEXC Verify
MEXC Community
MEXC Event Map
MEXC Ventures
MEXC Foundation
Contact Us
Brand Guidelines
Products
MEXC 0 Fees
Spot
Futures
On-Chain
Buy Crypto
P2P
Convert
Pre-Market
RealStocks
Spot Grid
DCA
Copy Trade
Demo Trading
Earn
Loans
Trading Fees
MEXC AI
TradingView
Partnerships
Affiliate Program
Referral Program
P2P Merchant Program
Listing Application
Institutional Services
API Services
Partner Links
Resources
Help Center
Live Support
Submit a Ticket
Announcement Center
Alpha Trader
Learn
MEXC Blog
Crypto News
All Crypto Prices
How to Buy
Crypto Converter
Give Feedback
Sitemap
Crypto Tax
Stocks Info
Legal & Compliance
User Agreement
Privacy Policy
Risk Disclosure
Report Abnormal Funds
OTC Consultation
Judicial Assistance