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SILVER SPRING, Md. - BTCS Inc. (NASDAQ:BTCS), a blockchain technology company with a market capitalization of $211.91 million, announced Monday it will pay shareholders a $0.05 per share dividend in Ethereum, marking what the company describes as the first time a public company has paid a dividend in ETH. According to InvestingPro data, BTCS has demonstrated remarkable growth with a 354.52% revenue increase over the last twelve months.
The blockchain technology company is also offering an additional $0.35 per share loyalty payment in Ethereum to shareholders who transfer their shares to book entry with the company’s transfer agent and maintain them there for at least 120 days.
BTCS has set September 26, 2025, as the record date for the dividend. Shareholders who do not opt in to receive the Ethereum dividend will automatically receive a cash dividend of $0.05 per share.
To qualify for the loyalty payment, shareholders must hold their shares with the company’s transfer agent from September 26, 2025, through January 26, 2026. The loyalty payment will be distributed shortly after the holding period ends.
"We are paying the Bividend and loyalty payment to thank our long-term shareholders and empower them to take control of and protect their investment," said Charles Allen, CEO of BTCS, in the press release.
The company noted that officers, directors, employees, and Series V Preferred holders are not eligible for the $0.35 per share loyalty payment.
According to the announcement, BTCS stock closed at $4.41 per share on August 15, while the company held approximately $6.65 per share in cash and digital assets. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with a strong year-to-date return of 78.54%. The company maintains a healthy liquidity position with a current ratio of 8.19, indicating robust ability to meet short-term obligations.
To participate, shareholders must complete an opt-in form available through bividend.com and transfer their shares to Equity Stock Transfer by following the provided instructions before the record date.
This represents BTCS’s second blockchain dividend, following a Bitcoin dividend distributed in 2022. For deeper insights into BTCS’s financial health and additional metrics, InvestingPro subscribers have access to over 15 exclusive ProTips and comprehensive financial analysis tools.
In other recent news, BTCS Inc. reported a 64% sequential revenue increase to $2.8 million for the June quarter, surpassing H.C. Wainwright’s estimates. This growth was largely driven by an 86% rise in Builder+ revenue. Following these results, H.C. Wainwright raised its price target for BTCS from $5 to $7, maintaining a Buy rating. The company also filed a legal opinion regarding its at-the-market offering on Nasdaq, as part of its ongoing agreement with H.C. Wainwright & Co., LLC. Additionally, BTCS successfully raised $10 million through convertible notes and increased its Ethereum holdings by 14,240 ETH, bringing the total to 70,028 ETH. The market value of these holdings is approximately $270 million, based on an ETH price of $3,850. BTCS’s combined market value of Ethereum, cash, and other liquid assets now stands at around $242.2 million. The company saw a 516% increase in its Ethereum holdings year-to-date. Lastly, BTCS shares rose 12.5% as ether-linked stocks gained momentum with the cryptocurrency reaching a six-month high.
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