Gift cheers to others
giftcheer100 @username should allow you to gift a cheer to someone else and have a relevant alert

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Shadzsta commented
You can gift subs to viewers but at the moment you can't gift bits to fellow viewers. People who receive gifted bits can then use them to cheer their favourite streamers, or if they are already a streamer they can keep them for themselves. As an example sometimes there may have been someone generous who may have just gifted a load of subs to the community that in turn you may want to tip them some bits as a thank you gesture.
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Ult1mat3Sn1p3z commented
We already have sub gifting, why not add bit gifting too? It could allow for so many possibilities like one streamer had the idea of making a game in Unreal Engine if we had the ability to gift bits. It would still benefit twitch and streamers because people would still be buying bits possibly even a bit more if they can gift the bits to other people to be able to support streamers.
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Anonymous commented
Since there's Sub-Gifting, why not Bits-Gifting as well? It's not a bad idea to some people. Not everyone has Credit Cards to purchase Bits/Subs etc. I personally feel that this should be a thing because I've been wanting to gift people Bits.
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Anonymous commented
I know twitch just launched sub-gifting very recently and it got me thinking. What if we could gift bits to other people that can't afford bits? You would still have to buy the bits, but they would be sent to the person of your choosing allowing the person to get the bit badges in their favorite streams. Just an idea.