Jack Dorsey’s Block Launches $1 Million Bitcoin Faucet Campaign

Jack Dorsey’s Block Launches $1 Million Bitcoin Faucet Campaign

N
News Editor 01
2026-07-10 22:26:13
Block has rolled out a Bitcoin reward campaign worth about $1 million, or roughly 15 BTC, letting users earn up to $80 in BTC through Cash App, Square, and Bitkey by buying, using, and self-custodying Bitcoin.
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Block, the company founded by Twitter co-founder Jack Dorsey, has introduced a Bitcoin faucet campaign with a total reward pool of approximately $1 million, or about 15 BTC. The campaign began on April 7 and is scheduled to run until April 10, unless the allocated funds are exhausted earlier.

A faucet model tied to product usage

Unlike traditional Bitcoin faucets, which typically distribute small amounts of crypto with minimal user activity, Block’s initiative is structured around participation in its own ecosystem. Instead of simply giving away Bitcoin, the company is encouraging users to interact with its products in ways that reflect real Bitcoin usage.

The campaign covers several Block platforms, including Cash App, Square, and Bitkey. Users can earn BTC rewards by buying Bitcoin, using Bitcoin, and self-custodying Bitcoin through those services. According to the available details, each participant can receive up to $80 worth of BTC.

More than a promotional giveaway

The structure of the campaign suggests that Block is using the faucet concept as a broader ecosystem strategy rather than a simple marketing handout. By linking rewards to purchasing, spending, and custody behavior, the company appears to be pushing users deeper into a full Bitcoin experience across payments, ownership, and wallet control.

So far, Block has not disclosed how much of the reward pool has already been claimed. As a result, it remains unclear how quickly users are drawing down the roughly $1 million allocation or how strong participation has been since launch.

Overall, the campaign underscores Block’s continued commitment to Bitcoin-focused products. It also reflects a wider trend in crypto engagement strategies, where firms increasingly use incentives to drive meaningful product interaction instead of relying only on passive giveaways.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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