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

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.

This story contains tags
Blockchain Company, BTCS. BTCS dividends. BTCS bitcoin dividends. BTCS crypto dividends. nasdaq Listed company. Staking.

Would you agree that every company should allow shareholders to choose whether they receive dividends in Bitcoin? Comment below to let us know your thoughts.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.

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