2010 Bitcoin Giveaway: 19,700 BTC Given Away for Free

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February 16, 2025 7:35 AM

In Brief:
A 2010 website giveaway offered 5 BTC to visitors who completed a captcha.
A total of 19,700 BTC was distributed—now worth nearly $2 billion.

In 2010, a website ran a Bitcoin giveaway, rewarding users with 5 BTC for solving a simple captcha. At the time, Bitcoin was worth just a few cents, making it an easy promotional effort.

The website distributed 19,700 BTC in total—an amount that would now be valued at nearly $2 billion. This historic giveaway reflects Bitcoin’s early adoption phase, when digital assets were freely distributed to encourage use.

With Bitcoin now exceeding $95,000, those who held onto their free BTC from this giveaway are sitting on massive fortunes.

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