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January 21, 2022
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Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders – Finance Bitcoin News

A Nasdaq-listed firm has introduced that shareholders can obtain dividends in bitcoin. The firm claims to be the first one to pay dividends in the cryptocurrency.

‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’

Blockchain firm BTCS Inc. (Nasdaq: BTCS) introduced Wednesday “the first-ever dividend payable in bitcoin by a Nasdaq-listed company.” BTCS refers to the dividend as Bividend.

Charles Allen, BTCS’ CEO, commented:

We are the first Nasdaq-listed firm to pay a Bividend, a dividend payable in bitcoin at the possibility of our shareholders.

“BTCS intends to pay $0.05 per share in bitcoin, based on the bitcoin price on the ex-dividend date. Investors who do not elect to receive the Bividend in bitcoin will receive a cash dividend of $0.05,” the firm detailed.

The Nasdaq-listed blockchain firm is creating a proprietary staking-as-a-service platform to permit customers to stake and delegate supported cryptocurrencies by means of a non-custodial platform.

BTCS’ proprietary digital asset knowledge analytics platform presently helps six exchanges and over 800 digital property. The firm plans to broaden its suite of performance-tracking instruments.

Tags in this story
Bitcoin dividends, bividend, Blockchain, Blockchain Company, BTCS, BTCS dividends, BTCS dividends in bitcoin, crypto dividends, cryptocurrency dividends, nasdaq listed firm, staking, staking as a service, staking as the service

Do you assume all firms ought to provide shareholders the possibility of receiving dividends in bitcoin? Let us know in the feedback part beneath.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

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