Ethereum News Today: BTCS Launches First-Ever Ethereum-Based Bividend to Reward Long-Term Shareholders

BTCS Inc., a Nasdaq-listed cryptocurrency strategy firm focused on Ethereum, has announced a groundbreaking initiative that includes the first-ever Ethereum-based dividend and a loyalty bonus aimed at discouraging short selling. The company will offer eligible shareholders a $0.05 per share dividend in either Ethereum (ETH) or cash, and an additional $0.35 per share in ETH to those who hold their shares in book entry for at least 120 days [1].

The combined value of the “Bividend” and loyalty bonus amounts to $0.40 per share in ETH, with the payout intended to reward long-term shareholders and reduce the availability of shares for short selling. Shareholders who choose not to receive the dividend in ETH will be compensated in cash [1]. To qualify for the loyalty bonus, participants must transfer their shares to the company’s transfer agent, Equity Stock Transfer, by the record date of September 26, 2025, and maintain the shares in book entry until at least January 26, 2026 [1].

This strategy is part of a broader effort to stabilize the stock price and prevent short-sellers from profiting from the current undervaluation of the company. CEO Charles Allen highlighted that the firm holds approximately $6.65 in cash and digital assets per share, while the stock trades at around $4.41 per share [1]. He described the loyalty program as a way to “fight back” against short sellers who speculate on further price declines and dilution [1].

BTCS shares rose 7% in early trading following the announcement, outperforming other digital asset treasury stocks such as BitMine and SharpLink, which saw declines [1]. The company, which transitioned to an ether-focused strategy in 2021, currently holds over 70,000 ETH, valued at approximately $300 million [1]. The initiative aligns with BTCS’s “DeFi/TradFi Accretion Flywheel” strategy, which integrates blockchain technology with traditional financial mechanisms to drive growth and value [1].

The Bividend and loyalty bonus are detailed in a Form 8-K filed with the SEC on August 18, 2025 [1]. Shareholders are advised to consult tax professionals regarding the implications of receiving the dividend in ETH or cash. The company has provided clear instructions on how to opt in and transfer shares to the transfer agent, ensuring a transparent and accessible process for participants.

BTCS has previously issued a Bitcoin-based Bividend in 2022, making the current Ethereum-based initiative the first of its kind in the public market [1]. The move reflects a growing trend of integrating blockchain assets into traditional financial structures, and it underscores BTCS’s commitment to innovation in shareholder value creation [1].

Source:

[1] Barchart.com – https://www.barchart.com/story/news/34218756/btcs-offers-shareholders-a-0-05-per-share-bividend-a-blockchain-dividend-payable-in-ethereum