BTCS announced on Monday that the publicly-listed company will pay shareholders a dividend of $0.05 in Ethereum (ETH). Shareholders will receive a one-time blockchain dividend christened “Bividend” by the company. In addition, BTCS will offer a one-time $0.35 per share Ethereum loyalty payment to shareholders under the condition that they move their shares to book entry with their transfer agent.
**“Bividend”**Also Read: The World Is Selling the Dollar At Record Pace
Also Read: The World Is Selling the Dollar At Record PaceThe total dividend from BTCS would come up to $0.40 per share in Ethereum for eligible shareholders. These payments are designed to reward shareholders for their long-term holdings and reduce the impact of short-sellers in the market. This would allow traders to hold both stocks and Ethereum cryptocurrency via the dividend from the company.
Source: BTCS
Source: BTCSThis is a first-of-a-kind offering where a publicly-listed company is offering dividends in the Ethereum cryptocurrency. BTCS is a leading Bitcoin mining firm in the US, listed on the Nasdaq Composite index. Its price is currently at the $4.4 level on Monday and has surged 235% in a year. It has tripled investors’ money in a year and is among the top-performing stocks year-to-date.
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Also Read: XRP Institutional Accumulation Fuels $8 Price Target Optimism**“BTCS has declared a special one-time dividend of $0.05 per share, payable to shareholders of record on September 26, 2025. Eligible shareholders will have the option to elect to receive their Bividend in Ethereum (ETH), based on the USD/ETH exchange rate on the record date. To receive your Bividend in ETH, you must complete the required election and wallet verification process,”** read the official announcement.
**“BTCS has declared a special one-time dividend of $0.05 per share, payable to shareholders of record on September 26, 2025. Eligible shareholders will have the option to elect to receive their Bividend in Ethereum (ETH), based on the USD/ETH exchange rate on the record date. To receive your Bividend in ETH, you must complete the required election and wallet verification process,”**The dividend in Ethereum from BTCS will be a big boost to both the stock and the broader cryptocurrency market. Ethereum is currently moving around the $4,275 price range and dipped in value after hitting $4,500 on Sunday. The bullish news from BTCS could boost ETH and make its price enter the greener side of the market’s spectrum.