Former Twitter CEO Jack Dorsey has brought back the concept of a Bitcoin faucet with a special event timed for today, April 6, 2026, marking what he's calling 'Bitcoin Day.' According to The Currency Analytics, Dorsey announced the return of the famous Bitcoin Faucet for April 6, 2026, posting a link to btc.day saying 'the bitcoin faucet is back'. The timing coincides with a challenging period for Bitcoin, which has lost about 50% since November 2025, dropping from over $120,000 to around $67,000 today.
The revival of the Bitcoin faucet concept carries historical significance, as Gavin Andresen created the first Bitcoin Faucet in 2010, which gave away 5 BTC for solving a simple CAPTCHA when Bitcoin was worth almost nothing. Despite the current market downturn, Dorsey's company Block has held 8,883 BTC since October 2020, worth about $593.74 million today, with their Bitcoin position gaining 102.92% in value since 2020. The event appears designed to generate renewed interest in Bitcoin adoption during a period when macroeconomic factors weigh heavily and risk appetite is decreasing, with investors turning to safer assets.
