BTCS Breaks Ground With Ethereum-Powered Shareholder Dividend
In a groundbreaking move, BTCS has unveiled plans to distribute the world’s first blockchain dividend to its investors and pay out shareholders with Ethereum. By delivering shareholder rewards directly on-chain, the company is signaling a future where blockchain-native payouts could become the norm across the global financial sector. The Long-Term Signal For Institutional Crypto Adoption Nasdaq-listed BTCS Inc. has announced a landmark move in traditional finance and crypto integration to become the first publicly traded company in the world to issue dividends in Ethereum. According to the....
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Investors will be able to choose between bitcoin and cash for the dividend payout.
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency.
‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’
Blockchain company BTCS Inc. (Nasdaq: BTCS) announced Wednesday “the first-ever dividend payable in bitcoin by a Nasdaq-listed company.” BTCS refers to the dividend as Bividend.
Charles Allen, BTCS’ CEO, commented:
We are the first Nasdaq-listed company to pay a Bividend, a dividend payable in....
Bids for the blockchain company's shares rose after announcing first-ever Bitcoin dividends on Nasdaq. On Jan. 5, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish.Blockchain stock soarsThe share value of BTCS Inc. (BTCS), a blockchain technology company, surged nearly 44% to $4.36 at the New York closing bell, thus becoming the third-best performer on Nasdaq after Lixte Biotechnology (LIXT) and Mainz Biomed BV (MYNZ).Top Nasdaq performers as of Jan. 5, 2022's close. Source:....
At a time when many other bitcoin miners are shutting down because they can't afford to continue operating based on current prices, Bitcoin Shop, rebranded as Blockchain Technology Consumer Solutions (BTCS), is moving aggressively into the mining sector in an attempt to take a large chunk of market share. "People are leaving the mining business because it is a sucker's game," said Charles Allen, CEO of BTCS, in an interview with Bitcoin Magazine. "But the only way to make money in the next 1-2 years is with mining." The company is putting its money where its mouth is. It signed a....
Blockchain firm BTCS Inc. (OTCQB: BTCS) has entered into an equipment financing deal with CSC Leasing Company in order to lower the cost of capital. CSC is an independent lessor of technology equipment providing custom lease solutions to several firms. Charles Allen, Chief Executive Officer of BTCS said, "The financing flexibility provided by our agreement with CSC puts us in an advantageous position to improve shareholder value as we move forward on the next phase of our growth strategy. While specific terms of the facility will be determined as we add new equipment, such as....