BTCS Inc. Announces $0.05 Blockchain Dividend Payable in Ethereum
On August 18, BTCS announced a one-time blockchain dividend (“Bividend”) of $0.05 per share to be paid in Ethereum. This marks the first instance of a public company distributing dividends in cryptocurrency.
Details on Bividend and Loyalty Payment
- Bividend: $0.05 per share in Ethereum
- Loyalty payment: additional $0.35 per share for shareholders who transition their shares to book entry with the transfer agent by January 26, 2026
- Total potential payout: $0.40 per share in ETH for eligible shareholders
BTCS aims to reward long-term shareholders and mitigate market manipulation by reducing the ability for shares to be lent to short-sellers.
Institutional Adoption of Ethereum
Ethereum is experiencing significant institutional interest:
- BitMine Immersion Technology purchased an additional 106,485 ETH, totaling over 1,297,093 ETH, valued at approximately $5.6 billion.
- SharpLink confirmed its position as a major corporate holder of Ethereum with 728,804 ETH, valued at about $3.2 billion, after adopting ETH as its primary treasury reserve asset.
ETH is currently trading at $4,329.46, showing a 4.79% decline in the past 24 hours.