An NADAQ-listed company announced that its shareholders will be able to receive bitcoin dividends. This company is claiming to be the first to offer cryptocurrency dividends.
‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’
Blockchain company BTCS Inc. (Nasdaq: BTCS) announced 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:
The first company on Nasdaq to offer a Bividend is a Bitcoin dividend that can be paid at shareholders’ choice.
“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 company detailed.
Nasdaq listed blockchain company develops a proprietary staking as-a-service platform that allows users to delegate and stake supported cryptocurrencies via a non-custodial platform.
BTCS’ proprietary digital asset data analytics platform currently supports six exchanges and over 800 digital assets. The company is planning to increase its range of performance-tracking tools.
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