New Bitcoin Faucet Launches—But There’s No Free Coins Yet

By: bitcoin ethereum news|2025/05/06 22:45:01

Bitcoin enthusiast Charlie Shrem just announced the launch of 21million.com, a Bitcoin faucet designed to distribute small amounts of the crypto to users who complete simple CAPTCHA tasks. The concept isn’t new. Back in 2010, early Bitcoin developer Gavin Andresen created the original Bitcoin faucet, which handed out five whole bitcoins at a time to promote adoption. That pioneering giveaway ultimately distributed 19,700 BTC, worth around $1.86 billion at current prices. “Working on getting the bitcoin faucet going again,” Shrem tweeted Monday. The website features an old-school minimalist design with a CAPTCHA challenge and a field for users to enter their Bitcoin address, clearly mimicking the original faucet’s straightforward approach, including the design. How much is the famous OG Bitcoiner giving away? Well... right now, zero BTC. As of May 5, 2025, the site is not functional. Multiple attempts to interact with the site have yielded no Bitcoin rewards. Shrem described the project as “vibe coded,” referring to developing software without traditional coding techniques. This approach lets AI tools build everything without the developer writing code themselves. “It’s a lot of fun,” Shrem said. The development style is part of a growing trend of using AI prompting to create applications, with developers guiding AI systems rather than writing code line by line. This approach allows even those with limited coding experience to build functional websites and applications. Some community members have offered to donate Bitcoin to help fund the faucet, indicating support for the initiative despite its early challenges. One user, @BitsBeTrippin, publicly offered to donate, so the faucet may rely on community contributions to maintain operations. I will donate to it to help get it going – just send the addy — Bitsbetrippin (@BitsBeTrippin) May 5, 2025 The initiative comes when Bitcoin’s higher value makes traditional faucets less economically viable than in the currency’s early days. In 2010, giving away, say, five bitcoins cost virtually nothing. Today, that same amount would be worth roughly half a million dollars. Shrem didn’t respond to a request for comment from Decrypt . He also hasn’t responded to any requests for Bitcoin from anyone on Crypto Twitter. Edited by Sebastian Sinclair Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Source: https://decrypt.co/317988/charlie-shrem-launches-new-bitcoin-faucet-no-free-coins-yet

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.

2025 Full-Year Financial Highlights

Revenue: Expected to be between $39 million and $41 million, reaching a new company high.

Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.

Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.

Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.

Core Consumer Food Business Performance

In 2025, DDC's core consumer food business maintained strong operational performance.

The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.

In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.

Bitcoin Reserve Update

In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.

As of December 31, 2025: The company holds 1,183 BTC.

As of February 28, 2026: Holdings increased to 2,118 BTC

Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC

DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."

Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.

The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins