BTCS Announces To Pay Shareholders a Dividend of $0.05 in Ethereum
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. Also Read: The World Is Selling the Dollar At Record Pace The 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. BTCS To Pay Dividend to Investors in Ethereum Source: BTCS This is a first-of-a-kind offering where a publicly-listed company is offering dividends in the Ethereum cryptocurrency. BTCS is a leading ...