Key Notes
BTCS becomes the first Nasdaq-listed company to pay a dividend in Ethereum with a $0.05 Bividend.
Eligible shareholders also receive a $0.35 per share Ethereum loyalty payment, totaling $0.40 in ETH.
The move highlights growing institutional adoption and legitimacy of cryptocurrencies in corporate finance.
On August 18, BTCS announced that it would pay shareholders a one-time blockchain dividend, otherwise known as “Bividend,” of $0.05 per share.
Interestingly, this Bividend will be paid in Ethereum ETH $4 326 24h volatility: 5.1% Market cap: $520.40 B Vol. 24h: $47.25 B , marking the first time that a public company has paid dividends in cryptocurrency.
Eligible Shareholders to Benefit From BTCS Bividend
In addition to the Bividend of $0.05 p