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BTCS Sets First Public Ethereum Dividend With Loyalty Bonus to Deter Short Selling

Eligible investors must opt in by Sept. 26 to receive the payout in ether.

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Overview

  • The Nasdaq-listed firm set a one-time $0.05 per-share payout payable in ether or cash, plus a $0.35 ether loyalty payment for shares moved to book entry and kept through Jan. 26, 2026.
  • Holders must opt in by the Sept. 26 record date and submit a wallet address to receive ETH; those who take no action get $0.05 in cash and no loyalty payment.
  • BTCS says direct registration curtails share lending, a tactic aimed at deterring short selling that executives link to the stock’s discount versus its crypto holdings.
  • Shares closed up about 10% on Monday after the announcement, though coverage also flagged weak near-term technicals for ether and the potential for volatility.
  • The move lands as spot ether ETFs log record weekly inflows and other corporates add large ETH positions, reinforcing institutional interest in the asset.