BTCS Becomes First Public Company to Pay Dividend in Ethereum
Shareholders opting in by September 26 will receive a $0.05 per-share ETH dividend or cash alternative alongside a $0.35 loyalty payment for shares held in book entry through January 26, 2026.
Overview
- BTCS will distribute a one-time Ethereum dividend of $0.05 per share, with shareholders able to elect a cash alternative.
- Eligible investors who transfer their shares into book entry by the September 26 record date and hold them through January 26, 2026 qualify for a $0.35 per-share ETH loyalty payment.
- The loyalty program is designed to reward long-term holders and block share lending to deter predatory short selling.
- BTCS shares jumped roughly 7% in early trading on the announcement as the stock trades below its reported net asset value of about $6.65 per share.
- Analysts caution that weak ETH technical indicators and potential operational or regulatory hurdles could heighten volatility and complicate broader adoption of crypto dividends.