BTCS Surges 10% on Blockchain Dividend in Ethereum, First for Publicly Traded Companies

BTCS Inc. shares surged 10% as the blockchain technology company announced a blockchain dividend in Ethereum, a first for publicly traded companies. Eligible shareholders will receive a one-time blockchain dividend of $0.05 per share in ETH and a one-time $0.35 per share ETH loyalty payment. The company aims to raise $225 million in 2025 to acquire ETH and become one of the largest public holders of the second-largest cryptocurrency.

BTCS Inc. (BTCS) shares surged 10% on Monday, August 18, 2025, following the announcement of a groundbreaking blockchain dividend in Ethereum (ETH). The Nasdaq-listed blockchain technology company will distribute a one-time dividend of $0.05 per share in ETH to eligible shareholders [1]. Additionally, shareholders who move their holdings into book entry with the company’s transfer agent and keep them there for at least 120 days will receive an additional $0.35 per share ETH loyalty payment [2].

The move is part of BTCS’s strategy to reward long-term investors and combat short selling. CEO Charles Allen highlighted a disconnect between the company’s asset value and stock price, noting that the company’s balance sheet value of about $6.65 per share in cash and digital assets holdings is significantly higher than the stock's market price below $5 [1].

The dividend aims to raise $225 million in 2025 to acquire more ETH and position BTCS as one of the largest public holders of the second-largest cryptocurrency. Shareholders who opt-in by September 26, 2025, will receive the ETH dividend, while those who move their shares into book entry will receive the loyalty payment [2].

BTCS’s pivot to an ether-focused digital asset strategy in 2021 has positioned it as a leader in the blockchain space. The company currently holds over 70,000 ETH, now worth roughly $300 million [1].

References:
[1] https://www.coindesk.com/business/2025/08/18/btcs-to-pay-first-ever-ether-dividend-loyalty-bonus-to-discourage-short-selling
[2] https://www.marketscreener.com/news/btcs-offers-shareholders-a-0-05-per-share-a-bividenda-a-a-blockchain-dividend-payable-in-ether-ce7c51dfd181f220