BTCS to issue ethereum-based dividend and loyalty payment

SILVER SPRING, Md./NEW YORK - BTCS Inc. (NASDAQ:BTCS), a blockchain technology company currently trading at $4.22 with a market capitalization of $203 million, announced Thursday it will distribute an Ethereum-based dividend of $0.05 per share and a one-time loyalty payment of $0.35 per share to shareholders. According to InvestingPro data, the stock has shown remarkable performance with a 254% return over the past year, though analysis suggests the stock is currently trading above its Fair Value.

The distributions represent the first Ethereum-based dividend issued by a public company, according to the company’s press release statement. BTCS previously issued what it described as the first-ever Bitcoin dividend as a Nasdaq-listed company in 2022. InvestingPro analysis reveals the company has achieved impressive revenue growth of 355% in the last twelve months, though it maintains a weak gross profit margin of 4%.

Equity Stock Transfer, LLC (EST), an SEC-registered transfer agent, is collaborating with BTCS to facilitate the distribution through a framework established during the company’s previous Bitcoin dividend.

"As a longtime partner of BTCS, I am confident in EST’s ability to support our investors in transferring and safeguarding their shares in book entry," said Charles Allen, CEO of BTCS.

The company has filed details about how shareholders can receive the dividend and loyalty payment with the Securities and Exchange Commission in a Form 8-K on August 18, 2025.

BTCS describes itself as an "Ethereum-first blockchain technology company" that combines decentralized finance and traditional finance mechanisms with blockchain infrastructure operations, including staking and block building activities.

The announcement comes as more public companies explore ways to incorporate blockchain technology and cryptocurrencies into their shareholder relations strategies. With a current ratio of 8.19, BTCS maintains strong liquidity to support its innovative initiatives. For deeper insights into BTCS’s financial health and 14 additional exclusive ProTips, consider subscribing to InvestingPro.

In other recent news, BTCS Inc. announced a significant financial move by paying shareholders a $0.05 per share dividend in Ethereum, marking a first for a public company. Additionally, BTCS is offering a $0.35 per share loyalty bonus in Ethereum for shareholders who maintain their shares with the company’s transfer agent for at least 120 days. In terms of financial performance, BTCS reported a 64% sequential revenue increase to $2.8 million for the June quarter, surpassing expectations primarily due to an 86% rise in Builder+ revenue. Following these results, H.C. Wainwright raised its price target for BTCS from $5.00 to $7.00, maintaining a Buy rating.

Furthermore, BTCS has closed a $10 million convertible notes issuance, expanding its Ethereum holdings to a total of 70,028 ETH, valued at approximately $270 million. The company also filed a legal opinion related to its at-the-market offering on Nasdaq, as per a recent filing with the Securities and Exchange Commission. Additionally, BTCS’s Ethereum holdings, cash, and other liquid assets now have a combined market value of approximately $242.2 million. These developments highlight BTCS’s strategic financial maneuvers and growing Ethereum portfolio.

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