BTCS Inc., a former Bitcoin mining firm turned Ethereum-focused company, is breaking new ground by becoming the first public company to issue dividend payments in Ether (ETH). This bold move is designed to reward shareholders, strengthen investor loyalty, and reduce the impact of predatory short-sellers.
Introducing the ‘Bividend’: A Revolutionary ETH Dividend
Dubbed the ‘Bividend,’ BTCS is offering a one-time Ether dividend of $0.05 per share, set to be distributed on September 26. In addition, the company is planning a substantial $0.35 per share ‘Loyalty Payment’ for shareholders who hold onto their shares until January 26, 2026. This loyalty bonus excludes the firm’s officers, directors, and employees, ensuring equitable rewards for the broader shareholder community.
These payments are part of BTCS’s mission to empower its investors and mitigate challenges such as the lending of shares to short-sellers. This initiative has resonated positively with shareholders, as evidenced by a 10.4% rise in BTCS’s stock price—closing at $4.87 following the announcement.
A Bold Step in a Competitive Ethereum Treasury Landscape
BTCS is carving its niche in a competitive sector of 69 Ethereum treasury firms vying to accumulate the most significant ETH reserves. Currently sitting in 11th place with 70,000 ETH (valued at over $303 million), the company is leveraging decentralized finance (DeFi) strategies such as borrowing on platforms like Aave and staking to grow its holdings.
This strategic approach places BTCS alongside industry leaders such as Bitmine Immersion Tech, which holds 1.5 million ETH, and SharpLink Gaming, with 728,800 ETH.
The Catalyst for Ethereum’s Massive Price Growth
Ethereum treasury firms, including BTCS, have played a pivotal role in driving Ether’s impressive price rally—from $1,465 to $4,775 in just four months. By funding purchases through at-the-market equity offerings and issuing convertible notes, BTCS continues to aggressively accumulate Ethereum, employing strategies similar to its top competitors.
BTCS’s innovative efforts have not gone unnoticed. The Nasdaq-listed company now boasts a market cap of $233 million and has set the stage for what some are calling “DeFi Summer 2.0,” where decentralized finance and cryptocurrency adoption could see a significant resurgence.
A Smart Investment for Crypto Enthusiasts
Investors interested in exploring similar ventures or supporting their crypto portfolio can benefit from using secure digital wallets like the highly popular MetaMask. This wallet allows users to manage Ethereum-based assets safely and participate in DeFi activities effortlessly.
Whether you’re already a shareholder or a crypto enthusiast, BTCS is proving to be a company worth watching closely as it leads by example in integrating blockchain innovation with traditional financial markets.