Cryptocurrency
fromBitcoin Magazine
4 hours agoJack Dorsey Teases Bitcoin Faucet Revival With "Bitcoin Day" Post
Jack Dorsey announced a new initiative called 'Bitcoin Day' offering free Bitcoin, reviving the concept of the Bitcoin faucet.
The funding round targets open-source developers, researchers, and educational initiatives working across Bitcoin's ecosystem, with an emphasis on tools that strengthen financial privacy and censorship resistance.
Nakamoto accumulated 5,342 BTC at a total cost of approximately $631.39 million, which was worth roughly $467.5 million at year-end 2025, resulting in a $166.2 million unrealized fair-value loss.
Gamestop transferred its entire bitcoin stack to Coinbase Prime on or around January 16, 2026, which triggered widespread rumors about an exit from the crypto asset. The filing clarified that the transfer was operational, not a liquidation.
This collaboration reflects the next phase of bitcoin's transformation as an institutional asset, said Hunter Horsley, Co-founder and CEO of Bitwise Asset Management. We're excited to help shape an ecosystem where bitcoin can serve as productive, yield-generating capital while still maintaining the highest standards of security.