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3h ago

BTCS Launches First Ethereum Dividend With Loyalty Reward

An opt-in requirement through September 26 ties the $0.05-per-share ETH payout to wallet registration in order to steer investors toward direct registration, reducing opportunities for short selling.

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Overview

  • BTCS has launched the “Bividend,” a one-time ETH dividend of $0.05 per share payable to shareholders who opt in by the September 26 record date.
  • Shareholders who register shares in book entry with the transfer agent and hold them through January 26, 2026 will receive an additional $0.35-per-share Ethereum loyalty payment.
  • Participants must submit a compatible digital wallet address via the company’s form to receive ETH and face potential tax, custody, and liquidity considerations due to delayed trade settlement.
  • Following the announcement, BTCS stock climbed roughly 7% as the move was framed as a loyalty reward and an anti-short-selling measure against predatory share lending.
  • Analysts caution that Ethereum’s price technicals remain fragile and that broader market and regulatory risks could affect the effectiveness and replicability of the program.