BTCS Inc. announced a one-time blockchain dividend of $0.05 per share in Ethereum (ETH).
Shareholders who move their shares to book entry will also receive a $0.35 per share loyalty payment in ETH.
The total benefit for eligible shareholders amounts to $0.40 per share in ETH.
Bividend in Ethereum
BTCS is paying a unique dividend in ETH, marking a first for a public company.
Loyalty Payment
Shareholders receiving the loyalty payment must hold their shares with the transfer agent.
Shareholder Empowerment
The dividends aim to thank long-term shareholders and protect their investments from market manipulation.
- The loyalty payment is designed to discourage short-selling and show appreciation to loyal shareholders.
- The company's CEO emphasizes the focus on share price appreciation over dilution through capital raising.
BTCS's initiative to reward shareholders with Bividend and loyalty payment underscores its commitment to shareholder value and protection against short-selling strategies.