Overview
- Shareholders can opt in by Sept. 26 to receive a one-time $0.05 per share “Bividend” in ETH, with a cash-equivalent option for those who do not elect crypto.
- $0.35 per share in ETH will be paid on Jan. 26, 2026 to investors who transfer shares to book entry with the transfer agent and hold through that date, with company officers, directors, and employees excluded.
- To receive ETH, investors must complete an opt-in form, transfer shares to the transfer agent, and validate a digital wallet; those who do not complete these steps will receive cash and are ineligible for the loyalty payment.
- BTCS shares climbed roughly 7–10% after the announcement, as the firm framed the structure as a defense against short selling and highlighted a stock price below its cash-and-crypto per-share value.
- The company reports holding about 70,000 ETH and notes that crypto dividends are treated as taxable property distributions, a process it previously navigated with a 2022 Bitcoin payout.