Ethereum News Today: BTCS Pioneers Ethereum-Based Dividend with $0.05 per Share Payout

BTCS Inc. has made a groundbreaking move in the public markets by announcing the distribution of an Ethereum-based dividend to its shareholders. The company will pay eligible shareholders a total of $0.40 per share in ETH, split into a one-time dividend of $0.05 per share and a loyalty reward of $0.35 per share [1]. This “Bividend” is the first of its kind to be issued in Ethereum and follows a similar Bitcoin-based model introduced in 2022. The loyalty reward is exclusively available to shareholders who transfer their shares to book entry with the company’s transfer agent and hold them for a minimum of 120 days, a requirement aimed at discouraging share lending for short-selling and encouraging long-term commitment [2].

The Bividend reflects a strategic shift in how BTCS Inc. is managing shareholder value. By distributing a portion of the dividend in Ethereum, the company is aligning its capital structure with the digital asset ecosystem while offering shareholders the option to receive the $0.05 per share in cash instead [1]. This dual payout model introduces a new dimension to corporate governance, blending traditional dividend practices with blockchain technology. The initiative also highlights a potential disconnect between BTCS’s stock price and its asset base, as the company holds approximately $6.65 in cash and digital assets per share, despite trading at $4.41 per share as of August 15, 2025 [1].

The loyalty payment component of the Bividend, which is paid in the same Ethereum-based format, reinforces the company’s focus on aligning with long-term shareholders. The 120-day holding period is part of a broader effort to reduce the availability of shares for short sellers. The CEO, Charles Allen, has previously criticized short selling as a drag on shareholder value and has emphasized the need for market capital growth through appreciation rather than dilutive fundraising [1].

The distribution of the Bividend is scheduled to occur on or after September 26, 2025, with the loyalty payment following as soon as possible after January 26, 2026 [1]. Shareholders who wish to receive the Ethereum-based payout must opt in by submitting the required form and transferring their shares to the transfer agent before the record date. The company has filed a Form 8-K with the Securities and Exchange Commission (SEC) to disclose the terms of the distribution [1].

BTCS Inc., which operates a hybrid model combining decentralized finance (DeFi) and traditional finance (TradFi), is leveraging Ethereum through its NodeOps and Builder+ operations to drive scalable revenue and digital asset accumulation [1]. This strategic approach positions the company as a unique entity in the public markets, offering exposure to both Ethereum price movements and operational performance.

The company has advised shareholders to seek guidance from tax professionals, as the tax implications of receiving a digital asset dividend may vary depending on the jurisdiction in which they reside [1].

Source: [1] BTCS Offers Shareholders a $0.05 per share “Bividend” – a (https://www.globenewswire.com/news-release/2025/08/18/3134896/0/en/BTCS-Offers-Shareholders-a-0-05-per-share-Bividend-a-Blockchain-Dividend-Payable-in-Ethereum.html)